DGLD is a gold-backed digital asset that is a central element of the Gold Token Network, which has been launched two weeks ago by CoinShares. This crypto is a joint product of Blockchain, the developer of the popular Bitcoin wallet, the Switzerland-based firm MKS that specializes in gold trading, and CoinShares. The project claims to have acquired $20 million worth of gold bullions, with each ... Forex and Market News. Likes ; Followers ; Subscribers ; Followers ; Likes ; Followers ; Subscribers ; Followers ; Subscribers A gold-backed digital asset created by Paxos will soon launch for trading on cryptocurrency exchange Binance. From Aug. 26, Binance customers will be able to trade PAX Gold (PAXG) against the exchange’s own stablecoin BUSD and exchange token Binance coin (BNB), as well as bitcoin (BTC).. PAX Gold “will offer [its] users an easy and safe opportunity to gain exposure to real, regulated gold ... Some cryptocurrency enthusiasts have promoted Bitcoin as a “digital gold” since it burst on the scene in 2009, but now a variety of digital currencies that claim to be actually backed by the ... Why? Because on September 5th the NYDFS Superintendent Linda Lacewell announced the department had greenlighted Binance’s “BUSD” dollar stablecoin and Paxos’s new gold-backed crypto “PAX Gold” to be offered in the state. That’s no small matter either, as New York is one of the largest economies in the United States. PAX Gold, a gold-backed digital asset created by Paxos Standard, will soon launch for trading on cryptocurrency exchange Binance.
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