Paxos, which operates a cryptocurrency exchange and several stablecoins, obtained the nod of the US Securities and Exchange Commission (SEC) to run a pilot project that will leverage blockchain for the stock market, according to a statement released last week. Settling Stocks with Blockchain Last week, Paxos obtained the no-action relief letter from the SEC. It confirms that the regulator doesn’t mind the startup’s blockchain trial. Paxos intends to build a blockchain-based infrastructure to settle
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