Focusing on our Enterprise Platform and Retiring Legacy itBit Services

July 25, 2023

Paxos was founded in 2012 at the dawn of cryptocurrencies, digital assets and tokenization. Over the past decade, Paxos has evolved to become the premier partner for global enterprises embracing blockchain and digital assets. Starting August 30, 2023, we will deprecate retail services for users on the itBit Exchange whose accounts are inactive or have little to no balance. In the coming month, Paxos representatives will reach out to affected itBit users to notify of the change and begin the process of moving funds to legally permissible external addresses or bank accounts. We will provide more information to affected itBit users in the coming weeks.

The source of this news is from Paxos