New York Department Of Financial Services Approves The First Ever Bank-Backed Virtual Currency

New York Department Of Financial Services Approves The First Ever Bank-Backed Virtual Currency

The New York Department of Financial Services (NYDFS) has announced the authorization for the Signature Bank to begin implementing its Blockchain-based platform, Signet. This platform will use its own virtual currency called “Signets”, and will serve as a mechanism for its clients to make transactions without fees, instantly at any time. The announcement was made […]

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