Crypto company Ripple said it agreed to buy stablecoin payments platform Rail for $200 million, following the U.S.’s passage of stablecoin legislation. Rail, founded in 2021 and backed by Galaxy ...

Paxos Trust agrees to a $48.5 million settlement with NYDFS for AML lapses and inadequate due diligence on Binance. The New York State Department of Financial Services (NYDFS) revealed on Thursday ...

Paxos Trust has agreed to pay a $48.5 million settlement to the New York Department of Financial Services (NYDFS), resolving ...