Gold-backed state digital currency gains traction in US

фото показано с : btcmanager.com

2023-4-11 00:32

As debates on digital currencies persist, several U.S. states are making strides in exploring a gold-backed state digital currency, regulating bitcoin mining, and addressing legal challenges in the cryptocurrency realm. origin »

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Источник: btcmanager.com

digital gold-backed → Результатов: 42

Crypto Market Forecast: Week of January 9th 2022

A curated weekly summary of forward-focused crypto news that matters. This week, Coinbase CEO Brian Armstrong points to FTX contagion risks, Tonga and Fiji explore the potential of the Bitcoin network, and a major Russian bank launches a gold-backed digital asset.

2023-1-9 19:01	BNC insights
week crypto fiji explore risks contagion potential

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Russia's largest bank issued gold-backed digital financial assets

The issuance became the second major operations of the bank with the new class of assets.

2022-12-28 15:43	Digital Asset
assets bank became issuance second operations new

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What Are Gold-Pegged Tokens? How to Invest in Gold Via Crypto

Gold-pegged tokens (also known as gold-backed cryptocurrency) are digital assets that are either backed by physical gold or are algorithmically derived from the price of gold. In function, the tokens… The post What Are Gold-Pegged Tokens? How to Invest in Gold Via Crypto appeared first on CoinCentral.

2022-5-5 19:57
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Gold-backed digital assets outperform Bitcoin, Ethereum

With the crypto market going through circles of red runs, gold-backed stablecoins like Pax Gold (PAXG) and Tether Gold (XAUT) are defying the odds and are returning positive returns for their investors, according to a Reuters report.

2022-4-20 23:00	StableCoin
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Gold-backed digital tokens to hit Turkish market following new partnership

The partnership enables investors to purchase grams of accredited gold as ERC-20 tokens.

2021-6-9 12:39	Partnership
partnership tokens purchase investors enables erc-20 gold

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Binance Lists Paxos Gold (PAXG) Stablecoin For Trading Against BUSD, BNB, BTC

Binance, one of the leading crypto exchanges in the world, has decided to list gold-backed cryptocurrency by Paxos called Paxos Gold (PAXG). The gold-backed token will be listed against three other digital assets, including the exchange's native stablecoin called BUSD, the native token Binance Coin, and Bitcoin.

2020-8-27 20:51	Binance
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Binance Exchange to List Paxos’ Gold-Backed Cryptocurrency

PAX Gold, a gold-backed digital asset created by Paxos, will soon launch for trading on Binance.

2020-8-26 17:19	CoinFlash
binance paxos gold-backed soon launch trading created

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Uphold lists physical-gold backed token issued by the Universal Protocol Alliance

Uphold, a digital investment platform, today announced global customers can buy gold-backed token UPXAU. Universal Gold (UPXAU) is a physical-gold backed token issued by the Universal Protocol Alliance and backed by the Government of Western Australia.

2020-7-30 16:50
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5% Over Spot: Gold-Backed Tokens Tether Gold and Digix Sell for Higher Premiums

Digital asset markets have been gathering some gains during the last few days and tokens like stablecoins have seen massive demand since the start of the market carnage. Alongside stablecoins, gold-backed digital assets like Tether Gold, Pax Gold, and Digix Gold have seen tremendous trade volumes as well.

2020-4-8 23:45
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Tether’s XAUT Isn’t too hot of a Commodity Just yet

A lot of people were taken aback by Tether issuing a digital gold-backed token. The trading of XAUT on Bitfinex has begun, albeit demand is virtually non-existent. It is very different to “gamble” on the value of a token tied to gold.

2020-1-26 02:00
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Tether Launches Gold-Backed Crypto, Do You Trust Them with Your Bullion?

Controversial cryptocurrency startup Tether has just announced the launch of a new crypto asset. The latest product from the company that brought the market market US Dollar Tether (USDT) is a supposedly gold-backed digital token.

2020-1-24 23:00	USDT
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Turkey’s Gold-Backed BiGA Cryptocurrency Now Fully Functional

Turkey’s gold-backed cryptocurrency, BiGA is now fully functional, with several financial institutions in the region, including Albaraka Turk, Kuveyt Turk, and others, already transacting with the digital asset, according to a Finextra report on January 17, 2020.

2020-1-18 17:10	Turkey
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DGX token now listed on Vietnam crypto exchange VCC

Digix, creator of the world’s first asset-backed digital gold token, today announced the listing of its gold-backed token, DGX, on the Singapore and Vietnam based crypto exchange VCC. The listing of DGX on VCC will allow Vietnamese customers to purchase the tokens, which are pegged to investment-grade gold bullions, using Vietnamese Dong—substantially expanding the DGX […] CryptoNinjas: DGX token now listed on Vietnam crypto exchange VCC

2019-12-2 11:13
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Peter Schiff to Max Keiser: Bullish for Gold, Bearish for Bitcoin if China Launches Gold-Backed Crypto

A gold bug veteran Peter Schiff claims that if China decides to launch a digital coin it would not be good for bitcoin. Schiff is well known for his notorious negativity regarding anything bitcoin. Peter Schiff tells Keiser that Gold betas bitcoin Schiff thought that the reporter Keiser referred to him as an idiot since […]

2019-11-6 01:48	Gold Store of Value
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CoinShares, Blockchain Launches “Digital Gold” Token on Bitcoin Sidechain

A consortium including CoinShares and Blockchain has launched a gold-backed token on a Bitcoin sidechain. The post CoinShares, Blockchain Launches “Digital Gold” Token on Bitcoin Sidechain appeared first on Bitcoin Magazine.

2019-10-16 23:27
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CoinShares, MKS, And Blockchain Roll Out DGLD Gold Token As A Bitcoin Sidechain

CoinShares, a major European digital asset investment firm is leading a group of companies in introducing a gold-backed token known as DGLD in the Bitcoin blockchain network, Cointelegraph reports. CoinShares has teamed up with Blockchain, a key crypto wallet services provider and MKS (Switzerland) SA which is part of MKS Pamp Group to launch the […]

2019-10-15 20:12
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CoinShares, Blockchain Wallet, and MKS Introduce Gold-Backed Token

CoinShares, a leading digital assets management firm, has joined forces with Blockchain wallet and MKS, a Geneva-based precious metals trading firm, to develop DGLD, a gold-backed token powered by the Bitcoin distributed ledger technology (DLT) network.

2019-10-16 18:00	Tokenization
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Perth Mint, InfiniGold Launch Gold-Backed Token on Public Blockchain

The Perth Mint and InfiniGold have jointly launched a digital token pegged 1:1 with GoldPass certificates

2019-10-11 01:05	Cryptocurrencies
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Florida regulators investigate gold-backed crypto token’s promoters

Over the past decade, digital currencies like Bitcoin have become an important form of asset in the financial industry. However, these tokens were often not backed by significant value. Hence, the idea of stablecoins was introduced.

2019-10-5 00:30
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Digix (DGX) gold token listed on Chinese crypto exchange Hotbit

Digix (DGX) gold token listed on Chinese crypto exchange Hotbit - CryptoNinjas Digix, the first company to tokenize physical assets on Ethereum, has announced the listing of Digix’s gold-backed token, DGX on Chinese cryptocurrency exchange Hotbit.

2019-10-1 12:22
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DIGITAL GOLD Launches Stablecoin and Market-leading Solution for Secure and Private Gold Ownership

September 10th, 2019, Singapore – The target of the Digital Gold platform is to digitalize physical gold and make it possible to transfer over the blockchain. GOLD stablecoins establish a digital link between a real-world asset (gold) and a gold-backed digital asset.

2019-9-11 00:00
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Paxos (PAX) Gold-Backed Token Finds Immediate Adoption

The newly created Paxos gold-backed digital asset finds its way into exchanges and crypto lenders.

2019-9-9 12:01	News
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Philippines crypto exchange CEZEX listing Digix gold-backed token, DGX

Philippines crypto exchange CEZEX listing Digix gold-backed token, DGX » CryptoNinjas Digix, the blockchain company behind the world’s first gold-backed token, announced today a strategic partnership with Singapore-based CEZEX Digital Exchange, a fully regulated and compliant market exchange that obtained a license from CEZA (a special economic zone in the Philippines) for listing and trading of digital assets.

2019-7-25 22:19
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Digix (DGX) gold token now supported on Tangem physical card device

Digix (DGX) gold token now supported on Tangem physical card device - CryptoNinjas Digix, the gold-backed smart-asset company on the Ethereum blockchain, has announced a new partnership with Swiss blockchain ‘smart-card’ provider, Tangem.

2019-6-17 12:40
digix dgx tangem physical gold supported card

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Russian Gold-Backed Crypto Slams the Global US Dollar Standard

By CCN Markets: Russia is continuing to explore the possibility of a gold-backed cryptocurrency for use as a cross-border settlement alternative with other countries. Under heavy sanctions from the US, the potential of a value-pegged cryptocurrency could help Russia escape from the usage of the Dollar as a currency standard.

2019-6-17 15:17	Russia
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Digix to offer gold-backed token (DGX) on Pundi X point-of-sale system

CryptoNinjas Digix, the physically backed smart asset company, today announced the official launch of its partnership with blockchain point-of-sale provider, Pundi X. The partnership will allow users of the Pundi X card to pay for their transactions using DGX at any XPOS-enabled counters.

2019-5-30 17:11
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Bank of Russia: We are Opposed to Crypto, But May Consider Gold-Backed Digi-Asset

According to local news publication TASS, the Bank of Russia will consider a gold-backed digital currency for use in international settlements. However, the institution remains opposed to truly decentralised crypto assets.

2019-5-24 02:00	Russia
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GoldGram unveils gold-backed token GoldGramCoin (GGC)

CryptoNinjas Singapore-based GoldGram Pte. Ltd. today unveiled its new asset-backed token, GGC GoldGramCoin, a digital currency inextricably backed 100% by physical 99. 99% fine gold. GGC can be redeemed at any time.

2019-5-13 19:11
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Blucon payment card integrates DGX gold token from Digix in Korea

Digix, a blockchain ecosystem that tokenizes gold on the Ethereum network, has announced a partnership with Blucon, an integrated global payment platform that facilitates the unrestricted worldwide payment of digital assets.

2019-2-22 08:05
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Iranian Banks To Issue Gold-Backed Digital Currency

An Iranian digital currency has been talked about for at least the last year, though it was assumed it would be backed by the rial.

2019-2-6 01:20	cryptocurrencies and tokens
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Iran releases gold-backed cryptocurrency

Another country that faces a financial crisis due to the US sanctions issues its own national cryptocurrency. A group of Iranian banks presented a PayMon pegged to gold. Islamic revolution in digital Four Iranian banks (Bank Mellat, Bank Melli Iran, Bank Pasargad, and Parsian Bank) presented PayMon cryptocurrency, each coin of which is backed to gold reserves.

2019-2-8 17:22	News
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Demand Spikes For Gold-Backed Token

Crypto winter has claimed many victims, but some coins are still as good as…. well, you know. Digix, a stablecoin-like asset backed by gold, has seen investor demand surge as prices rise for the precious metal.

2019-1-30 00:01	Altcoins
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Would a Gold-Backed Stablecoin be a Good Investment? New Bloomberg Survey Reveals, Yes!

There are many different virtual currencies all over the world, including the so-called stablecoins. These virtual currencies work as other digital assets, but they have a very important difference, their price is more stable than the rest of the cryptos in the market.

2018-11-29 22:38	News
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Digix partners with Trust Wallet to launch token trackers

CryptoNinjas Digix, the asset tokenization company behind the world’s first gold-backed digital asset class, has partnered with Trust Wallet, the secure and decentralized mobile wallet application, in order to launch.

2018-11-5 18:20	Trust Wallet
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Digital Gold Token DGX Listed on BitGo

Digix announced that its gold-backed token had been listed on BitGo's platform for institutional investors.

2018-10-30 17:05	News
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BitGo Adds First Gold-Backed Digital Asset as Demand for Crypto Pegged to Gold Increases

Digix’s gold-backed digital token has been added to crypto custodian BitGo as demand increases for cryptocurrency to be pegged to the value of gold. Announced today, DGX has been added to BitGo’s Digital Currency Support with Enterprise Access.

2018-10-30 02:55
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U.K. Government Squashes Royal Mint’s Plans to Launch Gold-backed Cryptocurrency

Britain’s Royal Mint, a wholly government-owned mint whose primary objective is to create gold and silver coins for the state, will not be launching its gold-backed cryptocurrency any time soon, as the U.

2018-10-29 02:00
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UK Government Shuts Down Proposed Gold-Collateralized Cryptocurrency

The UK’s Royal Mint has canceled the launch of its gold-backed cryptocurrency after its failed partnership with Chicago-based CME Group. The government denied other plans to trade the tokenized gold assets on a cryptocurrency exchange.

2018-10-26 18:00
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Borrowers Can Now Use Gold As Collateral In Blockchain Lending

The decentralized lender ETHLend has listed the gold-backed cryptocurrency, the Digix Gold token (DGX), on its platform; enabling borrowers to effectively use gold as collateral for blockchain lending.

2018-8-23 15:00	Financial Services
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Will Bitcoin Follow Gold And SkyRocket With EFT Approval?

Gold is a tangible precious metal whereas Bitcoin is digital. The similarities between them run deep; they are both mined, one physically, the other digitally. Yet if we look closely at the history of gold, Bitcoin is displaying the same behaviour pattern as we’ve seen for gold.

2018-7-23 12:00	Breaking News
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Bitcoin Debate’s Defeated Bear: Digitized Gold ‘Only Type of Crypto That Can Succeed’

Financial commentator Peter Schiff claims gold-backed digital coins will be “only type of cryptocurrency that can succeed” in recent ‘Bitcoin Debate’ with Erik Voorhees

2018-7-4 12:13	Adoption
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Texas House to advance or reject Bitcoin bill by May 24

U.S. states may successfully frontrun federal authorities on Bitcoin reserve policy as Texas lawmakers advanced a bill through the Senate.

Texas Senate to consider Bitcoin reserve law

Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation.

Bitcoin In Texas’ Future? Gov. Dan Patrick Unveils Reserve Plan

Texas is poised to be at the forefront of cryptocurrency adoptions through its ambitious legislative proposal. Lieutenant Governor Dan Patrick has an ambitious plan to set up a Bitcoin reserve for the state as part of his legislative priorities in 2025.

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Crypto Cowboys Unite: Texas Senator Eyes State Resources For Bitcoin Growth

If Senator Ted Cruz of Texas gets his way, he wants the state to be the “oasis of Bitcoin. ” For Cruz, the primary hurdle to full Bitcoin adoption is the federal government itself, particularly its left-leaning policies.

2023-4-11 00:32

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