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/biz/ - Business & Finance


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21207948 No.21207948 [Reply] [Original]

New York Financial Regulator Greenlights 10 Tokens for Custody
>According to a Aug. 3 update on the New York Department of Financial Services website (NYDFS), state regulators have approved 8 cryptocurrencies for listing and trading. These tokens include Bitcoin (BTC), Ethereum (ETH), Bitcoin Cash (BCH), Litecoin (LTC), Binance USD (BUSD), Gemini Dollar (GUSD), Pax Gold (PAXG), and the Paxos Standard Token (PAX). The NYDFS also greenlighted the same coins for custody as well as XRP and Ethereum Classic (ETC).

https://cointelegraph.com/news/new-york-financial-regulator-greenlights-10-tokens-for-custody

>> No.21207968

>>21207948
hi can someone smarter than me tell me what this means and how I can profit off of it? thanks

>> No.21207979

>>21207968
ah ye old biz way

>> No.21208039

>>21207968

buy those tokens you fuck

>> No.21208044

>etc
Who the fuck greenlit that? God I hate these senile pricks

>> No.21208070

>>21207968
It means companies with a lot of money will be able to trade with these coins.

>> No.21208190

>>21208039
No, just buy BTC and maybe ETH. These people are going to trade with what they know. If BTC goes up by 5%, it's treated like news. So I half-expect BTC to pump.

>> No.21208253
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21208253

>>21208190
This. But btc will go up because that's all they know about

>> No.21208382
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21208382

>Ethereum Classic (ETC).

Are these people fucking retarded?

>> No.21208446

>>21207968
buy high sell low

>> No.21208456

>>21208382
How long until the remove etc and add link?

>> No.21208519
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21208519

So eth itt is huh? Make sure to buy your new tether too. It's a $1 stable coin that's only .80c
>Re-based and Amplepilled