The U.S. Treasury Department is reported to have held meetings with participants from the country’s financial industry to discuss “the risks and benefits posed by stablecoins.” In addition, officials are said to have used the meetings to discuss “whether stablecoins would require direct oversight if they become extremely popular.” Policymakers Alarmed by Growth of Crypto…
Biggest Bank in El Salvador Now Accepts Bitcoin as Payment for Financial Products
Bancoagricola, the biggest bank in El Salvador, is now accepting bitcoin to pay for debts originated from the use of its instruments, according to a PR statement. The institution partnered with Flexa, a payments network, to include cryptocurrency capabilities in its software. Bancoagricola also allows merchants using Wompi services (a digital payment processor) to receive…
ADALend Is Building a Cardano Native, Scalable and Decentralized Lending Protocol
ADAlend.finance , a protocol that is bringing decentralized lending to the Cardano blockchain, has just sold out its private sale in less than one hour. Seven private angel investors have purchased the entire seed allocation of 1.8 Million Cardano native ADAL tokens for $540,000. Seed round oversubscribed 400% As a reflection of the huge demand…
Today’s Cryptocurrency Data Aggregators Offer a Plethora of Onchain and Market Insights
In the early days, there were only a few web portals with cryptocurrency statistics and data tied to these ever-changing digital asset markets and blockchain metrics. More than ten years later, however, data and analytics tethered to the world’s most popular and most used digital currencies have swelled with growth. The following article delves into…
UK Post Office Adds Option to Buy Bitcoin via Easyid App
U.K. Post Office’s Easyid app is adding the option to buy bitcoin starting this week. Through the free-to-use Post Office app, customers can access Swarm Markets, a regulated crypto exchange, to buy bitcoin and ethereum. Buy Bitcoin and Ether Using Post Office App The U.K. Post Office is introducing an option to buy cryptocurrencies via…
Croatian E-bike Company Greyp Bikes Integrates Cryptocurrency Payments
Greyp Bikes, a company founded by Croatian innovator and entrepreneur Mate Rimac, has integrated crypto payments into its online billing system. All of its high-tech cycling products can now be purchased using nine different coins thanks to a partnership with payment processor Paycek. Greyp Bikes Accepts Cryptocurrencies for Its Electric Bicycles Croatia’s Greyp Bikes, which…