Paxos Seeks U.S. Trust Bank License — Big Step for Crypto Rules
The crypto industry is always changing, and new rules are shaping how companies work. One of the latest big updates is about Paxos, a well-known blockchain company. Paxos is applying for a U.S. National Trust Bank License. This move is being called a major step for crypto regulations. If you are following crypto news hindi today , this story is important because it shows how digital currency companies are moving closer to working under full government supervision. Let’s break it down in a simple way so you can understand what’s going on and why it matters. Who is Paxos? Paxos is a company that builds tools for sending, storing, and trading digital assets like cryptocurrencies and stablecoins. They are behind products such as Pax Dollar (USDP), a stablecoin tied to the U.S. dollar, and other blockchain-based payment systems. Big names like PayPal and Venmo use Paxos services to help their users buy and sell crypto easily. Because Paxos works with large financial ...