Cryptoknowmics
2022-11-07 13:41:05

Singapore-based Blockchain Platform Paxos to Increase Employment

After receiving approval from the city’s central bank to provide cryptocurrency goods and services there, Paxos, the company behind the stablecoin USDP, wants to give employment to at least 130 employees, according to a report from Bloomberg on Monday. In an interview, co-founder Rich Teo stated that the company is preparing for a three-year development drive, with Singapore serving as its center for development outside of the United States. There are approximately 350 employees worldwide and 20 in Singapore in the company. MAS Granted License to Paxos Paxos is one of roughly 20 companies that have been granted licenses by The post Singapore-based Blockchain Platform Paxos to Increase Employment appeared first on Cryptoknowmics-Crypto News and Media Platform.

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.