{"id":"tp-3940","type":"article-newspaper","title":"Paxos gets green light from SEC to launch blockchain settlement platform; Credit Suisse, Société Générale first to use the service","author":"J Russ Isberto","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/technology/3940","datePublished":"2019-10-29T07:59:31.000Z","dateModified":"2019-10-29T08:00:32.000Z","language":"en","abstract":"Paxos has been working with the Credit Suisse, Société Générale, and the SEC to modernize the current settlement system using blockchain technology and the collaboration has now moved to a significant headway.","section":"Technology","references":[{"title":"The Securities and Exchange Commission (SEC) has recently granted the company a no-action relief","url":"https://www.sec.gov/divisions/marketreg/mr-noaction/2019/paxos-trust-company-102819-17a.pdf"},{"title":"Reuters reported","url":"https://www.reuters.com/article/us-crypto-currencies-paxos/paxos-to-launch-settlement-of-u-s-listed-equities-after-secs-no-action-letter-idUSKBN1X727M"},{"title":"CoinDesk reported","url":"https://www.coindesk.com/paxos-wins-sec-no-action-letter-to-settle-equities-on-a-blockchain"},{"title":"https://www.flickr.com/photos/130932725@N07/17473620683","url":"https://www.flickr.com/photos/130932725@N07/17473620683"},{"title":"https://creativecommons.org/licenses/by/2.0/","url":"https://creativecommons.org/licenses/by/2.0/"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}