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Posts Tagged ‘Litecoin’

US Gold Dealer Launches First Bullion Backed Digital Currency

U.S. precious metals dealer Anthem Vault Inc has launched the first digital currency backed by physical gold, with an aim to increase the use of bullion as an accepted form of electronic money. It will launch 10 million “INNCoins” backed by 100 grams (3.5 ounces) of gold, with all coins expected to be in circulation by July 2015.

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