Paxos plans to hire at least 130 more people for its Singapore office. After receiving a license to provide services domestic digital-payment token
Paxos is the first blockchain infrastructure platform in the US to be licensed as a major payment institution by the Central Bank of Singapore.receiveMarch approval in principle
Only 18 companies have received virtual asset licenses from around 200 applicants. The company currently employs 20 of 350 Singaporeans worldwide, serving a wide range of corporate clients including Paypal, Mastercard, Bank of America and Credit. Suisse
Paxos hopes the licensing will support its existing partners in expanding their services to Asia. Paxos aims to employ 130 more people, but cancan hireUp to 180, according to Paxos co-founder and CEO of Paxos Asia Rich Teo in an interview with Bloomberg.
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