Paxos Secures Landmark SEC Registration as Clearing Agency

Paxos Secures Landmark SEC Registration as Clearing Agency

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Paxos, a leading blockchain-native firm, has achieved a significant milestone by securing registration with the U.S. Securities and Exchange Commission (SEC) to operate as a registered clearing agency. This approval marks Paxos as the sole blockchain-native entity to hold such a registration in the United States, underscoring a pivotal moment for regulatory integration within the crypto industry.

The approval makes Paxos the “only blockchain-native firm” approved by the SEC to operate as a registered clearing agency in the U.S.