Paxos Trust Company gained approval from New York regulators to launch the first regulated, gold-backed digital token (PAXG). And later this month, it’ll debut a “stablecoin” pegged to the U.S. dollar (BUSD). BUSD was jointly developed by global cryptocurrency exchange Binance and Paxos and will be available on Paxos’ platform.

Read full article

Like what you read?

More from Token Tracker