Winklevoss Brothers To Launch Fiat-Backed Stablecoin, Paxos Already Did It.
Tyler and Cameron Winklevoss, creators of cryptocurrency trading platform Gemini, have received permission from New York regulators to launch their own stablecoin.
U.S. multinational bank Citigroup is developing a cryptocurrency product to give institutional investors access to crypto markets, without owning crypto assets directly.
Blockchain Trust company Paxos has launched a USD-backed stablecoin, following approval from New York regulators.
Stellar-focused company Lightyear has acquired Visa-Backed Blockchain Startup Chain to create a new digital assets management platform dubbed ‘Interstellar.’