Cryptosphere Courts Gold Bugs as Bitcoin Loses Some Luster

Bloomberg
Bloomberg
Nov 15, 2019 · 4 min read

By Olga Kharif

The cryptocurrency world is seeing a surge in the issuance of gold-backed tokens, with some of the digital-asset industry’s biggest and most controversial participants joining in on the fresh gold rush.

The throng behind the Tether stablecoin and the Bitfinex trading platform plan to issue Tether Gold before Christmas. The…

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