A rise in gold prices is driving demand for so-called tokenized gold, a fast-growing niche of the digital asset market that experts warn poses custody and regulatory risks that are not always apparent to investors.Gold tokens are digital coins issued on a blockchain by crypto companies including Tether and Paxos, which are backed by an […]
Paxos has agreed to pay $ 48.5 million to the New York Department of Financial Services (NYDFS). This is to resolve allegations with regard to insufficient due diligence about his former partner, binance and failures in his anti-money laundering program. NYDFS -SWENMOS PAXOS Mist Missing Supervision According to a press release of 7 August, the […]