NEW YORK FINANCIAL REGULATOR SAYS PAXOS TRUST REACHES $48.5 MILLION SETTLEMENT OVER ANTI-MONEY LAUNDERING AND DILIGENCE FAILURES RELATED TO BINANCE - RTRS

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Paxos was fined $26.5 million by the New York Financial Services Agency and required to invest an additional $22 million to rectify compliance systems due to shortcomings in Binance partner verification and anti-money laundering. The investig...

Paxos fined $26.5 million and ordered to invest an additional $22 million in compliance in New York

President Trump is about to sign a decree allowing 401(k) retirement funds to invest in cryptocurrencies, real estate, and private funds. On August 7th, according to sources from Bloomberg, US President Donald Trump is expected to sign a...

Bloomberg: Trump to sign order allowing pension funds to invest in cryptocurrencies

[MEME Coin]
In the recent volatility of the cryptocurrency market, a Solana-based meme coin called <TROLL> is sparking a new wave of wealth creation.
Over the past ten days, its price surged from $0.015 to a high of $0.209, with an astonishing increase of 1050%, and its market value broke through $190 million, ranking 32nd in the global meme coin market capitalization. In just the past week, it rose by 310%, sending many early investors into the realm of ten-fold and hundred-fold returns—with some traders earning $2.48 million in profits from an initial investment of $22,800, returning...