N.Y. approval of dollar-linked digital currencies makes Bitcoin cross USD 6,300

N.Y. approval of dollar-linked digital currencies makes Bitcoin cross USD 6,300
The world's biggest and best known virtual currency was up 0.58 pct at $6,268.50 on Luxembourg-based Bitstamp exchange. (Image Credit: Twitter) 
  • Country:
  • United States

NEW YORK, Sept 10 (Reuters) - Bitcoin briefly climbed above $6,300 on Monday after New York state's Department of Financial Services approved Gemini Trust Company's and Paxos Trust Company's dollar-linked digital currencies, the first stablecoins to get the nod from the regulator.

At 9:24 a.m. (1324 GMT), the world's biggest and best known virtual currency was up 0.58 pct at $6,268.50 on Luxembourg-based Bitstamp exchange.

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