As Crypto Takes a Nosedive, Gold-Backed Tokens Ensure Investors Won't Crash

beincrypto.com

Thanks to tokenization, gold has gotten a new shine and is offering its security to the world of crypto. Here are some of the gold-backed projects that are offering investors stability when it's off the menu on the general crypto market.

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Timeline of Goldcoin, Meland, Paxos-standard, Tether-gold


Brazil's Nubank Partners With Paxos To Start Crypto Trading - Crypto Daily

Nubank is starting off its crypto trading services with just Bitcoin and Ethereum, but the list will be expanded to include other digital currencies soon.  Crypto Trading For Nubank Users The Brazil-based digital services bank is finally embarking on providing crypto trading services across its customer base in the native market.


Brazil's Nubank Launches Crypto Services with Paxos Partnership - FinanceMagnates

Brazil-based digital bank, Nubank has launched cryptocurrency services in its native market. It is now offering customers to buy, sell, and hold two cryptocurrencies Cryptocurrencies By using cryptography, virtual currencies, known as cryptocurrencies, are nearly counterfeit-proof digital currencies that are built on blockchain technology.


The trading and custody service is being provided by blockchain infrastructure company Paxos. - Coindesk

Neutrino USD (USDN), an algorithmic stablecoin within the Waves blockchain ecosystem, slipped below its U.S. dollar peg after the largest algorithmic stablecoin, TerraUSD (UST), tumbled early Wednesday to as low as 23 cents.


Israeli Bank Forges New Path for Crypto Trading With Paxos - BeInCrypto

Bank Leumi, founded in 1902, is blazing a trail through the Israeli cryptocurrency landscape through a partnership with American firm Paxos. The post Israeli Bank Forges New Path for Crypto Trading With Paxos appeared first on BeInCrypto.


Paxos Gains In-Principal Approval from Singapore Regulator - FinanceMagnates

Paxos, a cryptocurrency trading and custody platform, announced on Thursday that it has received in-principal approval from the Monetary Authority of Singapore (MAS) for a license under the Payment Services Act 2019.


Crypto Platform Paxos Receives Green Light From Singapore's Watchdog - BeInCrypto

Paxos, a blockchain infrastructure platform, announced today that it has received in-principle approval from the Monetary Authority of Singapore. The post Crypto Platform Paxos Receives Green Light From Singapore's Watchdog appeared first on BeInCrypto.


Crypto firm Paxos receives in-principle approval from Singapore regulator - The Block

Crypto firm Paxos, which offers brokerage, custody and stablecoin services, has received in-principle approval from the Monetary Authority of Singapore. The post Crypto firm Paxos receives in-principle approval from Singapore regulator appeared first on The Block.


Paxos CEO says crypto adoption is growing despite recent volatility - Invezz

The recent sell-offs across the cryptocurrency market have led to around $1 trillion being liquidated from the market since November. The crypto market cap currently sits at slightly below $2 trillion. Despite the recession, the institutional interest in crypto assets is still high. In a recent interview with CNBC, the co-founder and CEO of Paxos, The post Paxos CEO says crypto adoption is growing despite recent volatility appeared first on Invezz.


Paxos, Coinbase, Circle Execs Testify During a Crypto Congress Hearing. What to Know. - Investorplace

Major cryptocurrency execs headed to DC today for a crypto Congress hearing. The focus is on stablecoins, regulations and the future of finance.


Paxos CEO says that the upcoming hearing on crypto regulation is an opportunity - Invezz

Members of the crypto industry is sitting at the edge of their seats as the hearing on crypto regulation in front of the House Financial Services Committee is approaching. Paxos' co-founder and CEO, Chad Cascarilla, spoke on the matter in a recent interview, offering his expectations on what might happen, and what might be next. The post Paxos CEO says that the upcoming hearing on crypto regulation is an opportunity appeared first on Invezz.

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