Paxos Becomes the Third Federally Regulated 'Crypto Bank' | Blockchained.news Crypto News LIVE Media


Paxos has received preliminary approval from the OCC to form a national trust bank, making it the third such "crypto bank" to be nationally regulated. Paxos' General Counsel Dan Burstein joins "First Mover" to discuss what it means to become a crypto bank and if it will affect its partnership with PayPal. Plus, his thoughts on the tension between regulation and the anti-banking ideals of the crypto community.

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