Too Long; Didn't Read
And thus, a new coin was born! The latest coin to enter the eye of the public is called Paxos Standard (“Paxos”) and is created by the Paxos company who also operated the itBit subsidiary. itBit made a name for itself trading Bitcoin/USD and EUR pairs. This company was part of the <a href="https://virtualmarkets.ag.ny.gov/" target="_blank">New York Attorney General’s report</a> into virtual markets that was published last week, which analyzed some of the larger crypto exchanges and investor behavior on those platforms. itBit was one of the companies that volunteered to answer the Attorney General’s questions.