Salt to Offer Crypto-Backed Loans in 7 Global Markets, 15 More US States

Salt, a cryptocurrency-backed loan service, has announced plans to launch operations in seven new jurisdictions throughout the world, while offering its services in 15 more U.S. states. It will also include litecoin (LTC) among its offerings, while providing more competitive interest rates and removing loan caps. Also read: Bitcoin Price: Wall Street Optimistic, Enthusiasts Pessimistic … Read more

New POS Terminal by Pundix Allows Nigerians to Make Purchases in Bitcoin

Indonesian cryptocurrency and payments company Pundix has introduced a point of sale terminal at a shop in Nigeria, allowing people in the West African country to make purchases using cryptocurrency, including bitcoin. The move is seen as key to scaling up cryptocurrency adoption and development in Africa’s biggest bitcoin market. Also read: Payments Platform Wirex Launches … Read more

PR: Crypto Exchange Bleutrade Confirms Its Presence In Malta

The company, founded in Brazil, emerged in 2014 in the digital currency market as an innovative Exchange, working with a platform focused to simplify trades among cryptocurrencies. It is also the first Exchange in Latin America and has announced the opening of an office in Malta which takes with it almost 300 thousand users. The … Read more

Brazil’s Biggest Banks Under Investigation For Monopoly In Cryptocurrency Trade

Some of Brazil’s biggest banks have come under investigation for alleged monopolistic tendencies in the trade of bitcoin and other cryptocurrencies. The Administrative Council for Economic Defense, a transparency and competition body, accuses the financial institutions shutting down accounts of brokers trading cryptocurrency without merit. Also read: Zimbabwe’s Golix Battles To Grow Volume After Breaking Into … Read more

Exchanges Round-Up: Price Spread and Institutions, Brazil Surveys Exchanges

In recent news pertaining to exchanges, Sfox has attributed a reducing spread in the price of BTC across exchanges to the increased presence of institutional investors in the cryptocurrency markets, Brazil’s government has issued a questionnaire to three local crypto exchanges seeking to obtain data pertaining to their operations, and data from the United States … Read more