Paxos Launches Automatic Conversions Between Bank Deposits and Stablecoins – CoinDesk

Paxos announced Tuesday a new feature allowing customers to automatically wire transfer funds from their bank accounts into either Paxos Standard or Binance USD stablecoins. Conversely, any PAX or BUSD sent to the designated address will be automatically wired back to the individual’s bank account in USD. Zach Kwartler, senior product manager at Paxos, told […]

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Anchorage, Bison Trails Execs to Helm Libra’s New ‘Technical Steering Committee’ – CoinDesk

The Libra Association announced Thursday it had formed a technical steering committee to coordinate the design of the Libra platform. The new committee, composed of Anchorage co-founder Diogo Monica, Calibra core product lead George Cabrera III, Bison Trails founder Joe Lallouz, Union Square Ventures partner Nick Grossman and Mercy Corps emerging technology director Ric Shreves, […]

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Kraken Acquires One of Australia’s Longest-Running Crypto Exchanges – CoinDesk

U.S.-based Kraken announced its plans for expansion into the Asia-Pacific (APAC) region on Tuesday after acquiring one of Australia’s longest-running cryptocurrency exchanges, Bit Trade. Kraken is aiming to position itself as the premier cryptocurrency service within the region, identifying Australia as a key growth area for retail and institutional clients. The financial terms of the […]

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