{"id":73255,"date":"2026-05-29T12:45:55","date_gmt":"2026-05-29T12:45:55","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/sec-grants-paxos-historic-approval-to-clear-and-settle-us-equities-on-blockchain\/"},"modified":"2026-05-29T12:45:55","modified_gmt":"2026-05-29T12:45:55","slug":"sec-grants-paxos-historic-approval-to-clear-and-settle-us-equities-on-blockchain","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/sec-grants-paxos-historic-approval-to-clear-and-settle-us-equities-on-blockchain\/","title":{"rendered":"SEC Grants Paxos Historic Approval to Clear and Settle US Equities on Blockchain"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<p><span style=\"font-weight:400\"><\/p>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The regulatory milestone enables Paxos to deliver same-day T+0 settlement for U.S. equities.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Following a 7-year effort, legacy infrastructure providers like the DTCC now face direct blockchain competition.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p><\/span><\/p>\n<h2 data-path-to-node=\"7\">SEC Opens Wall Street Plumbing For <span>Blockchain<\/span> Technology<\/h2>\n<p>The <a href=\"https:\/\/www.paxos.com\/newsroom\/sec-registers-paxos-securities-settlement-company-as-a-clearing-agency\" target=\"_blank\" rel=\"noopener noreferrer\">landmark decision<\/a> makes Paxos the first and only blockchain-native enterprise approved to operate as a central securities depository (CSD) in the United States. The regulatory clearance allows the firm to provide delivery versus payment (DVP) clearance and settlement services for eligible U.S. equities, directly challenging the decades-old monopoly held by legacy clearinghouses like the Depository Trust and Clearing Corporation (DTCC).<\/p>\n<figure id=\"attachment_818151\" aria-describedby=\"caption-attachment-818151\" style=\"width:1280px\" class=\"wp-caption aligncenter\"><figcaption id=\"caption-attachment-818151\" class=\"wp-caption-text\">Image source: Paxos<\/figcaption><\/figure>\n<p data-path-to-node=\"10\">Charles Cascarilla, the chief executive officer and co-founder of Paxos, highlighted the arduous regulatory journey during the Thursday announcement, stating:<\/p>\n<blockquote>\n<p data-path-to-node=\"10\">\u201cOur clearing agency registration is the result of seven years of work with the SEC, beginning with our No-Action Letter in 2019 and the settlement pilot we operated with some of the world\u2019s largest and most sophisticated financial institutions.\u201d<\/p>\n<\/blockquote>\n<p data-path-to-node=\"10\">He further emphasized that the approval allows the company to offer \u201cthe most complete infrastructure\u201d for financial partners seeking to evolve alongside the blockchain-enabled tech realm.<\/p>\n<p data-path-to-node=\"11\">The SEC\u2019s decision validates a <a href=\"https:\/\/www.federalregister.gov\/documents\/2026\/05\/29\/2026-10808\/paxos-securities-settlement-company-llc-order-granting-an-application-for-temporary-registration-as\" class=\"ng-star-inserted\" target=\"_blank\" rel=\"noopener noreferrer\">multi-year track record<\/a> of live clearing and settlement operations because, as far back as February 2020, Paxos had operated under an SEC no-action relief letter, quietly clearing and settling U.S. equities daily for major global broker-dealers, including Credit Suisse, Instinet, and Soci\u00e9t\u00e9 G\u00e9n\u00e9rale.<\/p>\n<p data-path-to-node=\"11\">With the latest registration secured, Paxos could drastically expand its footprint across global capital markets. The firm, which is already prudentially regulated by the New York Department of Financial Services (NYDFS) and serves as the infrastructure backbone for <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-stablecoins\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">stablecoins<\/a> utilized by Paypal and Mastercard, will now push to integrate its clearing network across major trading venues.<\/p>\n<p data-path-to-node=\"13\">Lastly, while the SEC has frequently utilized regulation by enforcement against digital asset exchanges and <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">decentralized finance<\/a> ( <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-is-defi-decentralized-finance\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">DeFi<\/a>) protocols, it has also <a href=\"https:\/\/news.bitcoin.com\/sec-approves-nasdaq-bitcoin-index-options-qbtc-cftc\/\">shown increasing willingness<\/a> to integrate distributed ledger systems into heavily supervised, institutional frameworks. And with demand from major banks to tokenize real-world assets ( <a href=\"http:\/\/www.bitcoin.com\/get-started\/what-are-real-world-assets-rwa\/\" class=\"lar_link lar_link_outgoing\" target=\"_blank\" rel=\"noopener noreferrer\">RWAs<\/a>) and streamline legacy operations accelerating rapidly, this momentum stands to increase in the near-to-mid term.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/sec-grants-paxos-historic-approval-to-clear-and-settle-us-equities-on-blockchain\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways The SEC has approved Paxos Securities Settlement Company to operate as a registered clearing agency. The regulatory milestone enables Paxos to deliver same-day T+0 settlement for U.S. equities. Following a 7-year effort, legacy infrastructure providers like the DTCC now face direct blockchain competition. SEC Opens Wall [&hellip;]<\/p>\n","protected":false},"author":3947362404,"featured_media":73256,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73255"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/3947362404"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=73255"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/73255\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/73256"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=73255"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=73255"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=73255"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}