🇺🇸 The SEC has issued its first-ever approval for a blockchain company to operate as a clearing organization in the U.S.
$PAXG The approval went to Paxos, known as the issuer of the PayPal stablecoin. They will now be able to provide clearing and settlement services for securities using blockchain technology.
Paxos is confident that this decision will accelerate the adoption of blockchain technologies into the traditional financial system.
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