Paxos Trust Company, a financial institution regulated by the New York Department of Financial Services (NYDFS), has announced the launch of PAX Gold, a distributed ledger technology (DLT) based cryptocurrency backed by genuine gold. Paxos claims each PAXG token is redeemable for one fine troy ounce of London Good Delivery gold, according to a press
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Source and More information: Paxos Plants Physical Gold on the Blockchain with PAX Gold (PAXG)
Author: BTCManager.com
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