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‘Ticking Time Bomb’ for US, China Eco Relations
Bloomberg Businessweek
How Paxos Operates From a Regulated Entity
Paxos says it is regulated by the New York Department of Financial Services. Paxos holds its money in a trust company, which is organized under New York banking law. It's actually safer than a bank because we don't make loans and all the assets just sit there and trust.
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