‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators – CoinDesk

The Takeaway Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. Karatbars previously issued a cryptocurrency purportedly backed by gold, but CoinDesk has been unable to verify the existence of the mine the company says produced the gold. […]

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Why KaratGold Coin (KBC) Is a Cryptocurrency That Investors Should Have on Their Watch List

From 2011 until 2018, Karatbars was concentrated on selling physical gold and gold-based products. Throughout the course of 2018, the company has developed and implemented cryptocurrency blockchain and innovative technologies such as a cryptophone (IMpulse K1 Phone), digital payment system (K-Merchant) and ATMs (CashGold Exchange Machines / CEMs)into the business. To make crypto payments even […]

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