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A gold-pegged cryptocurrency is coming from Japan’s largest trading house

Japanese local news agency Nikkei Asia reports that Mitsui, a Japanese trading house, is planning to issue a cryptocurrency that is gold-backed. ZipangCoin (ZPG), Mitsui’s digital currency, will be issued as early as this month. It will be accessible to retail investors via cryptocurrency exchanges. The stablecoin will be linked with gold prices at yen-denominated […]

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