On Tuesday, Singapore-based crypto exchange, Bybit, announced a new partnership with digital assets institution Cabital for the euro (EUR )and British pound sterling (GBP) on-ramp integration. Bybit crypto exchange platform users can now use EUR and GBP to buy cryptocurrency directly on the system through Cabital's fiat on-ramp solution, with no transfer fees between their … [Read more...] about Bybit partners with Cabital to offer EUR and GBP fiat onramps
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3 things the crypto sector must offer to truly mainstream with TradFi
In the past year, we’ve seen the crypto economy undergo exponential expansion as heaps of money poured into various cryptocurrencies, decentralized finance (DeFi), nonfungible tokens (NFT), crypto indices, insurance products and decentralized options markets. The total value locked (TVL) in the DeFi sector across all chains has grown from $18 billion at the beginning of 2021 to … [Read more...] about 3 things the crypto sector must offer to truly mainstream with TradFi
El Salvador Plans to Offer Crypto-Based Loans for SMEs
According to Steiner, the government has been in talks with Acumen since October 2021, following the approval of bitcoin as legal tender in the Central American country. In parallel, it holds negotiations with different crypto lending platforms looking to provide loans to Salvadoran SMEs, Steiner said, adding that, if signed, the agreements could total $200 million. Source … [Read more...] about El Salvador Plans to Offer Crypto-Based Loans for SMEs
US Banks Form Group to Offer USDF Stablecoin
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.@2021 … [Read more...] about US Banks Form Group to Offer USDF Stablecoin
Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge
The company said it’s the first Nasdaq-listed firm where shareholders have the option to receive a dividend with bitcoin. By paying in bitcoin, the company said it hopes to promote the adoption of crypto and blockchain technology. The move has been planned for a while, BTCS bought the bividend.com domain name in 2015. Source link … [Read more...] about Blockchain Firm BTCS to Offer Dividend in Bitcoin; Shares Surge