Paxos Becomes First Blockchain-Native SEC-Approved Clearing Agency

TheNewsCryptoPubblicato 2026-05-29Pubblicato ultima volta 2026-05-29

Introduzione

Paxos has become the first blockchain-native company to be approved and registered as a clearing agency by the U.S. Securities and Exchange Commission (SEC). Its subsidiary, Paxos Securities Settlement Company, is now authorized to act as a central securities depository in the United States. This registration is the culmination of seven years of work with the SEC, including a 2019 No-Action Letter and a settlement pilot involving major financial institutions. The approval marks a significant step in the convergence of blockchain technology with traditional capital markets. A registered blockchain clearinghouse reduces the need for banks and brokerages to build their own crypto-based infrastructure. Paxos's earlier pilot demonstrated that blockchain-based post-trade infrastructure could enable same-day settlement, lower costs, and improve operational efficiency within a regulated framework. Paxos is also known as a stablecoin issuer, with products like Pax Gold (PAXG) and PayPal USD (PYUSD).

The first “blockchain-native” company to get registration as a clearing agency from the US SEC is Paxos, a blockchain infrastructure platform and stablecoin issuer. On Thursday, Paxos said that its subsidiary, Paxos Securities Settlement Company, has been authorized by the SEC to serve as a central securities depository in the United States, making it “the only blockchain-native firm” in this capacity.

Charles Cascarilla, co-founder and CEO of Paxos stated:

“Our clearing agency registration is the result of seven years of work with the SEC, beginning with our No-Action Letter in 2019 and the settlement pilot we operated with some of the world’s largest and most sophisticated financial institutions.”

The business went on to say that this clearance is a “critical piece of financial market infrastructure” because of the ongoing convergence of blockchain technology with conventional capital markets.

Securities Settlement with Blockchain-based Market Infrastructure

Clearing agencies guarantee that securities trades are carried out in a tidy manner. Clearing and settlement providers are essential to the stock trading process because they authenticate trades, pair buyers and sellers, and guarantee a smooth transfer of funds and securities.

The need for banks and brokerages for building crypto-based infrastructure is alleviated by a registered blockchain clearinghouse that has been approved by the SEC. After receiving a no-action letter from the SEC in October 2019, Paxos was able to begin testing a settlement service for US stocks that relied on blockchain technology. The service was officially launched in February 2020.

The pilot, according to Paxos, proved that, within a properly regulated environment, blockchain-based post-trade infrastructure may bring about same-day settlement while simultaneously lowering costs and increasing operating efficiency. Paxos is a digital asset and stablecoin issuer. Some of its products include Pax Gold (PAXG), Global Dollar (USDG), and PayPal USD (PYUSD).

Highlighted Crypto News Today:

Sui Network Recovers From Hours-Long Network Stall Triggered by Upgrade Bug

Crypto di tendenza

CitreaCTR

wrapped stUSDTWSTUSDT

Velodrome FinanceVELODROME

BrevisBREV

PancakeSwapCAKE

JUSTJST

Domande pertinenti

QWhat is the significance of Paxos becoming the first blockchain-native SEC-approved clearing agency?

AIt signifies a major regulatory milestone, allowing a blockchain-native firm to serve as a central securities depository and clearing agency in the U.S., bridging blockchain technology with traditional capital markets infrastructure.

QWhat specific Paxos subsidiary received the SEC's clearing agency registration?

APaxos Securities Settlement Company, a subsidiary of Paxos, received the registration to serve as a central securities depository in the United States.

QHow long did the process take for Paxos to achieve this registration with the SEC, and what was a key early step?

AThe process took seven years. A key early step was receiving a No-Action Letter from the SEC in 2019, which allowed Paxos to begin testing its blockchain-based settlement service.

QWhat are the potential benefits of using blockchain-based post-trade infrastructure for securities settlement, as demonstrated by Paxos's pilot?

AAccording to Paxos's pilot, blockchain-based infrastructure can enable same-day settlement (T+0), reduce costs, and increase operational efficiency compared to traditional systems.

QName at least two stablecoins or digital assets issued by Paxos as mentioned in the article.

APaxos issues digital assets and stablecoins including Pax Gold (PAXG), Global Dollar (USDG), and PayPal USD (PYUSD).

Letture associate

From South Korea to the United States: Blue-Collar Jobs Are Becoming Increasingly Popular, Thanks to AI

AI is reshaping the labor market's value proposition. The traditional four-year college degree is losing its appeal as a guaranteed career path, while skilled blue-collar trades like electricians, welders, and plumbers are experiencing historic demand and wage premiums. This shift is driven by dual pressures: AI's displacement of certain white-collar roles and a booming need for physical infrastructure and data center construction. Data confirms the trend. In the U.S., vocational school revenue surged, and a significant portion of recent layoffs are AI-related. Surveys show a majority of Gen Z adults plan to pursue blue-collar work, citing better job security against AI automation. Vocational education interest has exploded recently. Experts cite a psychological shift as younger generations seek tangible, AI-resistant careers and avoid high student debt. In many cases, salaries for skilled trades now match or exceed those requiring a bachelor's degree. In South Korea, semiconductor vocational high schools boast near-total employment, with graduates securing high-paying roles at companies like Samsung. The shortage is structural, exacerbated by a retiring baby boomer workforce and massive infrastructure projects. Companies like JPMorgan Chase, Meta, and Lowe's are investing heavily in training programs. However, overcoming historical stigma and a "perception gap" around trade careers remains a key challenge to closing the talent gap.

marsbit42 min fa

From South Korea to the United States: Blue-Collar Jobs Are Becoming Increasingly Popular, Thanks to AI

marsbit42 min fa

Qualcomm: AI Hype Subsides, When Will Smartphones Emerge from the Gloom?

Qualcomm reported its Q3 FY2026 results (ending June 2026), with revenue of $9.95B, down 4% YoY but above expectations. Gross margin declined to 53.1%, pressured by rising costs across manufacturing and memory. Key business segments showed mixed performance: Handset revenue fell 19.6% YoY to $5.09B, dragged by an 11% decline in non-Apple Android shipments and weaker high-end mix. Conversely, Automotive revenue surged 61% to $1.59B, and IoT grew 9% to $1.83B. Core operating profit dropped 41% YoY due to margin compression and higher expenses. Management's Q4 FY2026 guidance projects revenue of $9.7B-$10.5B, in line with consensus, but Non-GAAP EPS guidance of $2.05-$2.25 fell short of expectations. Amidst persistent weakness in its core handset market, Qualcomm is pursuing growth in AI, focusing on Edge AI (smartphones, PCs, automotive) and Data Center AI. Its data center strategy includes four pillars: AI accelerators (e.g., AI200), commercial CPUs (Dragonfly C1000), custom silicon, and connectivity solutions. While these initiatives initially boosted its stock, concerns over AI capital expenditure sustainability have since erased those gains. The company targets $5B in data center revenue for FY2027 and $15B for FY2029. The report concludes that with the traditional handset business still under pressure, the data center opportunity is currently viewed as a longer-term option, and a more conservative valuation based on core operations may be warranted until AI contributions materialize.

marsbit46 min fa

Qualcomm: AI Hype Subsides, When Will Smartphones Emerge from the Gloom?

marsbit46 min fa

From TPU to Self-Evolving Agents: How Jeff Dean Predicts the Next Step in AI

At the 2026 YC Startup School, Jeff Dean outlined his vision for AI's next phase, shifting focus from simply scaling models to building intelligent, autonomous systems. He believes AI's progress is no longer just about creating smarter models, but about integrating them into systems capable of long-term, iterative work, automated experimentation, and continuous learning. This evolution moves the competition from "who has the bigger model" to "who can best organize intelligence." Dean suggests AI capabilities are now comparable to a junior engineer, enabling the automation of complex workflows. However, the true challenge and opportunity lie in managing these AI "workers" at scale. He emphasizes the importance of **context engineering**—structuring tools, memory, and feedback loops—over raw model power. For startups, this means building deep expertise in niche domains where general models currently fail (near 0-1% success rates), leveraging proprietary data, specialized tools, and domain-specific evaluators. A recurring theme is re-examining fundamental constraints. Dean's past work, like moving Google's search index to memory or creating the TPU, stemmed from questioning outdated assumptions about hardware and cost. He sees similar inflection points today, particularly in **specialized inference hardware** to drastically reduce latency and energy consumption for real-time Agent operation. Notably, he points out that in modern AI systems, the dominant cost is often not computation but **data movement**. Reliable, long-running Agents require robust system design, borrowing concepts from distributed computing like checkpointing, state management, and parallel exploration to handle failures and maintain progress over days or weeks. As AI automates execution, the scarcest human skills will shift to **defining clear specifications**, **judging what problems are worth solving** (taste), and designing effective feedback loops. Ultimately, Dean's framework prioritizes understanding the problem deeply, identifying the true bottlenecks, and systematically building closed-loop systems where AI can not only perform tasks but also improve AI itself.

marsbit46 min fa

From TPU to Self-Evolving Agents: How Jeff Dean Predicts the Next Step in AI

marsbit46 min fa

Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2

A Coldcard hardware wallet exploit led to estimated losses of 1,367 BTC ($88.6 million), causing a spike in small Bitcoin transfers as users moved funds to centralized exchanges and other custody methods. In U.S. politics, the Clarity Act faces hurdles with time running out for a Senate vote, amid debates over ethics rules and crypto regulation. Major crypto firms like Coinbase reported disappointing Q2 earnings, while an analyst notes the industry is entering a significant consolidation phase, with revenue concentrating in a few dominant protocols like Hyperliquid and Pump.fun. Bitcoin's price decline continued, though some analysts suggest the market may have bottomed. Other news includes Telegram's legal troubles in Russia and Australia, layoffs at Pump.fun ahead of token distributions, and a White House staffer accused of insider betting leaving his post.

cointelegraph1 h fa

Coldcard exploit sparks Bitcoin flight, ‘bullish’ crypto consolidation: Hodler’s Digest, August 2

cointelegraph1 h fa

LATEST NEWS: Donald Trump makes a sharp statement regarding Iran! He has halted attacks

U.S. President Donald Trump announced he called off planned military strikes against Iran after Saudi Arabia, the UAE, Qatar, and Iran itself requested a delay. Trump stated the planned operation would have been large-scale and powerful but was suspended to allow time for diplomatic negotiations. He added that regional allies believe an agreement is near, with initial talks focused on security and reopening the Strait of Hormuz. Negotiations on Iran's nuclear program would follow once that is settled. The Strait of Hormuz is a vital global chokepoint for oil and gas shipments, and conflict there could significantly impact energy prices and world trade. Trump further announced that new talks with Iran will begin tomorrow. Separately, Trump commented on events involving the Japanese yen, stating the U.S. intervened in the market due to good relations with Japan, asserting Washington's consistent support for Tokyo and mutual economic benefits from the relevant rules. *This is not an investment recommendation.

cryptonews.ru2 h fa

LATEST NEWS: Donald Trump makes a sharp statement regarding Iran! He has halted attacks

cryptonews.ru2 h fa

Trading

Spot

Articoli Popolari

Come comprare F

Benvenuto in HTX.com! Abbiamo reso l'acquisto di Synfutures (F) semplice e conveniente. Segui la nostra guida passo passo per intraprendere il tuo viaggio nel mondo delle criptovalute.Step 1: Crea il tuo Account HTXUsa la tua email o numero di telefono per registrarti il tuo account gratuito su HTX. Vivi un'esperienza facile e sblocca tutte le funzionalità,Crea il mio accountStep 2: Vai in Acquista crypto e seleziona il tuo metodo di pagamentoCarta di credito/debito: utilizza la tua Visa o Mastercard per acquistare immediatamente SynfuturesF.Bilancio: Usa i fondi dal bilancio del tuo account HTX per fare trading senza problemi.Terze parti: abbiamo aggiunto metodi di pagamento molto utilizzati come Google Pay e Apple Pay per maggiore comodità.P2P: Fai trading direttamente con altri utenti HTX.Over-the-Counter (OTC): Offriamo servizi su misura e tassi di cambio competitivi per i trader.Step 3: Conserva Synfutures (F)Dopo aver acquistato Synfutures (F), conserva nel tuo account HTX. In alternativa, puoi inviare tramite trasferimento blockchain o scambiare per altre criptovalute.Step 4: Scambia Synfutures (F)Scambia facilmente Synfutures (F) nel mercato spot di HTX. Accedi al tuo account, seleziona la tua coppia di trading, esegui le tue operazioni e monitora in tempo reale. Offriamo un'esperienza user-friendly sia per chi ha appena iniziato che per i trader più esperti.

316 Totale visualizzazioniPubblicato il 2024.12.21Aggiornato il 2026.06.02

Discussioni

Benvenuto nella Community HTX. Qui puoi rimanere informato sugli ultimi sviluppi della piattaforma e accedere ad approfondimenti esperti sul mercato. Le opinioni degli utenti sul prezzo di F F sono presentate come di seguito.