NY regulator approves its first stablecoins; the digital currencies, strictly pegged to US dollar on a one-to-one basis, come from Paxos and Winklevoss' Gemini (Gertrude Chavez-Dreyfuss/Reuters)

Gertrude Chavez-Dreyfuss / Reuters:
NY regulator approves its first stablecoins; the digital currencies, strictly pegged to US dollar on a one-to-one basis, come from Paxos and Winklevoss' Gemini  —  NEW YORK (Reuters) - New York state's Department of Finiancial Services on Monday approved Gemini Trust Company's …

from Techmeme https://ift.tt/2oV3aI9