August 7: Stablecoin issuer Paxos reaches $48 million settlement with New York financial regulators over due diligence, anti-money laundering failures

August 11: Paxos applies for national trust bank charter

🙃

@molly0xfff so I’m guessing the word “stablecoin” is just pure marketing then? Feels like it should be regulated
@greenpepper22 @molly0xfff It is stable until its unstable.
Wait for Quantum state coin