Fiat Freeway: Paxos Closes its $142M Series C Round, FinCEN’s Coming for Self-hosted Wallets

Quick Take

  • ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins. 
  • This week’s column examines Paxos’ $142M Series C fundraising and FinCEN’s newly proposed KYC rules for digital wallets.

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