Here is what the page “SEC Grants Paxos Approval as First Blockchain-Native Clearing Agency | Nova Global News” contains. In a historic shift for global capital markets, the U.S. Securities and Exchange Commission has approved Paxos Trust Company to operate as a blockchain-nat... Securities and Exchange Commission has approved Paxos Trust Company to operate as a blockchain-native clearing agency. This regulatory breakthrough marks the first time a crypto-native firm has been integrated into the foundational infrastructure of traditional Wall Street.
By authorizing Paxos to execute clearing and settlement services, the SEC is validating the efficiency of distributed ledger technology (DLT) as a replacement for the industry's traditional, ledger-heavy T+2 settlement cycles. For institutional investors, this development represents a major milestone in bridging the gap between legacy financial systems and modern digital asset integration. The move signals a broader regulatory acceptance of blockchain, positioning it as a sophisticated tool for mitigating risk and increasing transaction speed within financial markets. The full version stays on the original page, which this listing opens directly.