Bacon Protocol launches decentralized mortgage platform
The platform gives crypto holders direct access to the mortgage investment market, which is currently controlled by banks and governments. Go to Source Powered by WPeMatico
Month: September 2021
Europe becomes largest crypto economy with over $1T in transactions — Chainalysis
DeFi has become a major catalyst for Europe’s crypto economy. Large institutions have also upped their share of transactions significantly. Go to Source Powered by WPeMatico
Verifone to enable crypto payments at major retailers through BitPay
One of the world’s largest point-of-sale providers has partnered with BitPay to allow U.S.-based merchants to accept crypto payments Go to Source Powered by WPeMatico
Peruvian stablecoin launches on Stellar blockchain
Anclap expects to launch two more Stellar-based stablecoins for Chile and Colombia later this year. Go to Source Powered by WPeMatico
CBDCs could cut cross border remittance costs by half: BIS report
The BIS report based on a multi-CBDC pilot also showed significant improvements in international remittance speed. Go to Source Powered by WPeMatico
Kenyan Fintech Player: ‘Banking the Unbanked’ Is the Most Important Use Case for Digital Currencies in Africa
The year 2020 may well go down as the year when blockchain technology and cryptocurrencies, in particular, gained mainstream recognition. The restrictions on movement, as well as the widespread fear of catching a virus, forced many to look for alternative ways of making payments or sending remittances. This search for an alternative inevitably led many … Read more
Crypto tax ‘a top enforcement priority,’ reminds IRS commissioner
IRS Commissioner says crypto gains are taxable in the cannabis industry as the IRS treats cryptocurrencies as property. Go to Source Powered by WPeMatico
Alibaba to ban crypto miner sales amid Chinese crackdown
Any sellers that list crypto miners or relevant products on Alibaba’s platforms after Oct. 15 will face significant penalties. Go to Source Powered by WPeMatico
Skybridge Capital’s Scaramucci on Crypto Boom: ‘The Institutions Are Not There’
Anthony Scaramucci, CEO of Skybridge Capital, a multi-asset class investment firm, says he thinks the institutional investment boom in cryptocurrencies has been greatly exaggerated. In an interview given to Bloomberg last week, Scaramucci stated that most institutions are still not interested in cryptocurrency as an investment and that only 10% are actively investing in crypto. … Read more
BTC price loses $42K after fresh rejection puts focus on ‘worst case’ Bitcoin monthly close
It’s all to play for as Bitcoin price action lingers above $40,000, but predictions are already in of a dip even lower. Go to Source Powered by WPeMatico
