How does Paxos source digital currencies in New York?

3 answers

• Little LakeMay 12, 2024 · a year ago
  Paxos sources digital currencies in New York through a rigorous process that involves partnering with trusted financial institutions and complying with regulatory requirements. They establish relationships with banks and other liquidity providers to ensure a steady supply of digital currencies. Additionally, Paxos follows strict security protocols to safeguard the acquired digital currencies.
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• Lysgaard JansenJul 28, 2022 · 3 years ago
  To source digital currencies in New York, Paxos collaborates with various liquidity providers and exchanges. They have established relationships with reputable financial institutions and undergo thorough due diligence to ensure the legitimacy and reliability of their sources. Paxos also complies with regulatory frameworks, such as obtaining necessary licenses and adhering to anti-money laundering (AML) and know your customer (KYC) regulations.
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• Les SmithMar 01, 2024 · a year ago
  When it comes to sourcing digital currencies in New York, Paxos takes a proactive approach. They work closely with their partners, including liquidity providers and exchanges, to ensure a robust supply chain. By leveraging their extensive network and expertise, Paxos is able to acquire digital currencies in a secure and efficient manner. Their commitment to compliance and security sets them apart in the industry.
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