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Deep Tide TechFlow News, May 28, according to PRNewswire, stablecoin issuer Paxos announced today that its subsidiary Paxos Securities Settlement Company, LLC (PSSC) has received approval from the U.S. Securities and Exchange Commission (SEC) to officially register as a clearing agency, providing securities clearing and settlement services under the Securities Act of 1933. It is reported that this registration makes PSSC the first blockchain-native registered clearing agency in the United States, capable of serving as a Central Securities Depository (CSD) to provide clearing and settlement services for qualified securities transactions.