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Mark Mobius Says, Crypto Must be Backed by Gold – Here’s One Such Regulated Token

In an interview with Joe Kernen of CNBC, Mark Mobius suggested that Crypto must be backed by Gold for it to have an intrinsic value. In a surprising co-incident, Paxos announced the launch of its regulated Gold-backed cryptocurrency on the same day. The fund manager and founder of Mobius Capital was skeptical about the entire blockchain

In an interview with Joe Kernen of CNBC, Mark Mobius suggested that Crypto must be backed by Gold for it to have an intrinsic value. In a surprising co-incident, Paxos announced the launch of its regulated Gold-backed cryptocurrency on the same day. The fund manager and founder of Mobius Capital was skeptical about the entire blockchain