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.
A stablecoin, as its name suggests, is a cryptocurrency that is built to retain a stable value. Here is an overview of some of the different types of stablecoins that are making their mark.
The SEC has once again postponed a decision on the application for a Bitcoin ETF by VanEck and SolidX, stating that it needs more time to consider further input.
BitGo has received the green light from the South Dakota Division of Banking to act as a qualified custodian for digital assets, according to a Business Wire press release.
