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Paxos an already existing platform which deal on Crypto currencies, stable coins and store of value for gold.
The company file an application to the office of comtroller of Currency seeking to operate as federal charter to operate as a bank.
If approved the bank will operate like other banks and out side New York.
This is according to update from cointelegraph.
The company file an application to the office of comtroller of Currency seeking to operate as federal charter to operate as a bank.
If approved the bank will operate like other banks and out side New York.
This is according to update from cointelegraph.