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Exclusive: Paxos joins spate of crypto companies applying for US trust bank licenses

Representations of cryptocurrencies are seen in front of displayed words "Cryptocurrency market" and decreasing stock graph in this illustration taken November 10, 2022. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tabSummaryCompaniesPaxos joins Circle, Ripple in applying for trust bank licensesCompany issues PayPal's stablecoin PYUSDPaxos previously applied for trust bank charter in 2020Aug 11 (Reuters) - Paxos Trust Company, the cryptocurrency firm behind Pay...

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