New York State Department of Financial Services Superintendent Authorizes Paxos to Offer First Gold-Backed Virtual Currency in New York State

Superintendent of Financial Services Linda A. Lacewell announced on Thursday the New York State Department of Financial Services (DFS) has authorized Paxos Trust Company LLC to offer a gold-backed virtual currency. Lacewell reported that this is the first gold-backed virtual currency that is being offered… Read More
Read more in: Blockchain & Digital Assets, Politics, Legal & Regulation | Tagged cryptocurrency, digital currency, gold back, linda lacewell, new york, new york state, pax gold, paxo