US Law Enforcement Directs Paxos to Freeze More Than 11,000 PAXG Tokenized Gold Coins
Sponsored
Sponsored
According to the blockchain infrastructure company Paxos, the firm has frozen 11,184.38 pax gold (PAXG) tokens held on the platform FTX.com. The regulated token issuer noted that it was directed to freeze the PAXG tokens after “direction from U.S. federal law enforcement.” Paxos Complies With U.S. Law Enforcement Request to Freeze 11,184 PAXG Paxos updated the public on Nov. 12, 2022, and detailed that the company has frozen 11,184.38 pax gold (PAXG) tokens held on the FTX platform. The update was written by Paxos global general counsel, Ben Gray. PAXG is a crypto token backed by one ounce of .999
Following several years of contemplation, Pakistan has ultimately made a bold move for the crypto regulation. As per the reports, the Pakistani authorities are planning to implement comprehensive crypto regulations with the establishment of Pakistan Crypto Council. In this respect, the investment in digital assets such as Bitcoin ($BTC), Solana…
In a bold move to bring digital asset payments closer to mainstream financial systems, Alchemy Pay today entered into a strategic collaboration with MasterCard’s crypto partner program. The partnership enabled Alchemy Pay to integrate its fiat-crypto payment gateway with Mastercard to bring crypto payment services to everyday use, tapping into…