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.
