Paxos Receives Regulatory Approval to Expand into Solana Blockchain

Source: Pixabay Paxos has announced an expansion of its stablecoin issuance to the Solana blockchain after securing regulatory approval from the New York Department of Financial Services. In a press release published Friday, the stablecoin issuer noted that the initiative is a “significant milestone for the innovation and evolution of Paxos’s enterprise and consumer-facing businesses,” The post Paxos Receives Regulatory Approval to Expand into Solana Blockchain appeared first on Cryptonews .