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News Explorer — Paxos Receives SEC Registration as Clearing Agency

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May 29, 10:34 am
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Paxos Receives SEC Registration as Clearing Agency

Paxos Securities Settlement Company, a subsidiary of Paxos, has become the "first blockchain-native firm" to receive SEC registration as a clearing agency under Section 17A of the Securities Exchange Act. This temporary registration allows Paxos to offer complete infrastructure for clearing and settlement services in the U.S.

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