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via Decrypt · By Decrypt Editorial
Paxos Secures SEC Registration as Clearing Agency
DE
Decrypt Editorial(10:34 AM UTC)
1 min read
In brief
- Paxos Securities Settlement Company has received SEC registration as a clearing agency.
- The registration allows Paxos to operate as a central securities depository and provide clearing and settlement services, while meeting ongoing regulatory requirements.
- The approval follows seven years of regulatory engagement, including a 2019 No-Action Letter and a pilot program operating since…
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