Regulated Digital Gold from Paxos Invigorates Harmony Between Traditional and Tokenized Assets

Tokens and money with ying yang yoga peace person meditating

Paxos, the company that launched the PAX stablecoin, has now introduced digital gold in a tokenized form. Each token represents a troy ounce of gold and can be redeemed via a Loco London contract. As per an interview with CNBC, September 17, 2019, Paxos’ digital gold is regulated by the New York State Department of

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Source: BTC Manager