Paxos, the blockchain infrastructure firm behind BUSD, has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS) for anti-money laundering (AML) failures related to its partnership with Binance (Finextra).
The Breakdown
$26.5M in Penalties, $22M in Compliance SpendPaxos will...
With over $11 billion in allowed claims and only partial payouts for some regions, the FTX saga enters its final phase — and leaves key questions unresolved.
The update
As shared in a Binance post on July 7, 2025,...
Crypto payments arrive at the Côte d’Azur, but can they outlast the summer?
The pitch: Spend crypto in Saint-Tropez
Binance Pay, the crypto payment arm of...
