New York regulators have approved two stablecoins by Paxos Trust Company and Gemini Trust Company that will be tied to the U.S. dollar and available on their respective exchanges starting Monday. Stablecoins are cryptocurrencies designed to be worth a fixed amount—often $1—but tradeable instantaneously across borders, like other tokens. Coinbase was one of the first crypto companies to show that...
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The Weekend Crypto Policy
The Information Weekend Does Wyoming, Featuring the Tech Transplant’s Guide to Cowboy Living, an Intro to Crypto’s Favorite Senator, and a Glimpse of the Great DAO Land Grab
Hi, welcome to your Weekend: Special Wyoming Edition!Why devote a whole issue to Wyoming, you ask? Because the smallest state in the union has been been playing an outsized role in tech lately, writing laws that encourage the growth of cryptocurrencies, DAOs, and other instruments that are at the forefront of Silicon Valley innovation right now. Forget Miami and Austin; crypto companies like...
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