Tag: CryptoBacked
UK’s FCA Opens the Door for Institutional Investors to Build Crypto-Backed ETN Market
The U.K.’s Financial Conduct Authority (FCA) said it will not object to requests from Recognised Investment Exchanges (RIEs) to build a listed market [...]
U.S. Sen. Elizabeth Warren Leads Lawmakers to Push Administration on Crypto-Backed Terrorism
Warren has been advocating for her legislation meant to target money laundering and sanctions abuses in crypto, which is co-sponsored by Marshall. The [...]
Binance to End Crypto-Backed Debit Card Service in LatAm, MidEast
The debit card allows users to use their crypto assets to make transactions in shops or online as they would with a debit card issued by their bank. D [...]
What are crypto-backed mortgages, and how do they work?
Crypto mortgages entail utilizing cryptocurrency holdings as security to bind a conventional mortgage or loan. The procedure to obtain a cr [...]
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report
Babel is on the verge of filing a moratorium extension that would prevent creditors from making claims for at least six months, the report said. The f [...]
Citi calls out potential risks of crypto-backed mortgages and benefits of metaverse property
Investment banking giant Citigroup has released research on how property technology could affect the housing market, mentioning virtual estate in the [...]
Citi Flags Crypto-Backed Real Estate Mortgages Amid Falling Market Conditions
Citigroup has published a series of comments on mortgages backed by cryptocurrency as well as digital real estate in the Metaverse.
www.coindesk.com [...]
Propy partners with Abra to provide crypto-backed real estate loans
Blockchain real estate platform Propy has partnered with Abra to allow customers to obtain home loans using their cryptocurrency holdings, potentially [...]
Figure Technologies Announces Two Crypto-Backed Mortgage Products
Blockchain lending startup Figure Technologies is to roll out mortgages fully backed by crypto of up to $20 million.
www.coindesk.com [...]
Tether fires back against report it is using reserves for investments and making crypto-backed loans
Tether, the largest stablecoin issuer by market capitalization, has refuted the details of a Bloomberg story on its reserves holdings.In a Thursday [...]
NetCents Expertise Inc takes one other step nearer to launching its crypto-backed VISA card in 2021
The corporate accomplished its financial institution compliance overview and can submit paperwork for a Financial institution Identification Quanti [...]
NetCents Expertise Inc takes one other step nearer to launching its crypto-backed VISA card in 2021
The corporate accomplished its financial institution compliance overview and can submit paperwork for a Financial institution Identification Quanti [...]
Waves Powers Russia’s First Reported Crypto-Backed Financial institution Mortgage
Expobank, a industrial financial institution in Russia, has reportedly issued the nation’s first ever mortgage backed by cryptocurrency.In accordan [...]
Copper Now Allows Funds to Create Advanced Crypto-Backed Securities
Copper has launched a service that enables institutional traders to create securitized tokens for a spread of crypto-based merchandise, from token [...]
Regulated Alternate Launches in US With Crypto-Backed Visa Card Providing
A FinCEN-registered crypto change has launched with its personal debit card that permits holders to pay for items and companies with digital proper [...]