Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin to diversify its lending capital and potentially work with new clients.
Gemini Trust has confirmed full integration of Segregated Witness addresses to its wallet infrastructure, potentially improving processing times and lowering bitcoin withdrawal fees.
Blockchain and cryptocurrency research firm Diar has released a report that reveals a sizeable drop in crypto trade volumes in January 2019 for popular crypto exchanges Binance, Gemini, OKEx and Coinbase.
In the report, the EBA decried the lack of uniformity in crypto laws. It stated that this lack of equilibrium means that companies can move operations to “crypto havens” and face less-stringent regulations.
The sheer volume of news surrounding ETFs — and the general complexity of the asset when compared to the simplicity of trading on the bitcoin spot market — makes the industry’s pursuit of one a rich and even abstruse topic.
This expansion will add to its offerings in 46 states of the United States, something that required “quite a bit of work,” according to CEO Zac Prince.
This is the first time the company is expanding to accept cryptocurrency collateral besides bitcoin and ether. It is also the first crypto-backed lender to support loans backed by GUSD.
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