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Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Facebook’s Libra Likened to 2008 Subprime Mortgage Fiasco

Senator Brown compared Facebook's Libra to the subprime mortgage scenario. His sentiments show the divided debate facing the Libra project.

TRX Mortgage Lending Platform  Now Available to Public On TRON’s Nile Testnet

TRX Mortgage Lending Platform Now Available to Public On TRON’s Nile Testnet

The Tron Foundation announced that the TRON TRX mortgage lending platform which is being launched on the Nile test net is available for the public testing phase, according to a medium post on Monday. The foundation believes that the platform will expand the quality of Tron ecosystem and foster awesome ecological prosperity within the loans sector.

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans.

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

HKMA Broadens Mortgage Insurance Programme Eligibility Criteria

The Hong Kong Monetary Authority has expanded the eligibility criteria of the Mortgage Insurance Programme.

Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports

Hong Kong Mortgage Applications Drop 16.1% in May 2024, HKMA Reports

The Hong Kong Monetary Authority reported a 16.1% decrease in mortgage applications for May 2024, while mortgage loans approved increased by 8.8%.

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

Fed Slashes Interest Rate to Near Zero and Launches 700Bn QE, Bitcoin Hovers Near $5k

In an attempt to stimulate U.S. economy amid coronavirus pandemic, the Federal Reserve (“the Fed”) decided to slash the main interest rate to near zero together with the purchase of $700 billion Treasury securities.

FinTech Figure Launches Cryptocurrency Mortgage Products

FinTech Figure Launches Cryptocurrency Mortgage Products

Figure now enables customers to leverage cryptocurrencies to purchase real estate.

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

US-Based Mortgage Firm Permits Homebuyers to Use Crypto Holdings as Collateral

Milo, a financial technology company that reimagines mortgage credit, removes the obstacle for down payments if homebuyers use crypto holdings as collateral for home loans.

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

UWM Holdings Corp Plans to Accept Crypto for Mortgage Payment this Year

MI. UWM Holdings Corp, a large-scale wholesale mortgage lender in the United States, said it plans to accept cryptocurrency to satisfy mortgage payment this year.

CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage

CNBC's Jim Cramer Sold Some of His Bitcoin to Pay Off A Home Mortgage

CNBC’s Jim Cramer has disclosed that he has sold some of his Bitcoins to pay for a house.

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

OMG Announces Kaiko to Expand Financial Instruments Global Identifier (FIGI) Standard for Crypto Assets

BOSTON, MA – JANUARY 20, 2021 - Financial Instruments Global Identifier® (FIGI®) is an open standard for the issuance of unique identifiers that can be assigned to financial instruments including common stock, options, derivatives, futures, corporate and government bonds, municipals, currencies, and mortgage products.

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

Blockchain Experts Discuss: Will Blockchain Be the Missing Piece to Financial Inclusion?

The Singapore Fintech Festival rounded up blockchain discussions on the last day of the festival, focusing on one of the main themes of the event, financial inclusion.

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve Votes to Keep Inflationary Monetary Conditions as US Economy Heals

Federal Reserve officials voted at the Federal Open Market Committee (FOMC) meeting to maintain the same monetary conditions that have aided Bitcoin's 2020 price surge.

South Africa Pioneers Blockchain-Enabled Property Register Pilot Project

South Africa Pioneers Blockchain-Enabled Property Register Pilot Project

The Centre for Affordable Housing Finance in Africa (CAHF) has teamed up with Seso Global, a blockchain property registry company, to develop the first-ever blockchain-powered property register in South Africa.

Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble

Bitcoin Maximalist Max Keiser says Investors Holding Assets Other than BTC and Gold are in Trouble

According to Max Keiser, due to the renewed expansion of the Federal Reserve’s balance sheet, all assets are in trouble, except gold and Bitcoin.

Kiss' Gene Simmons and Winklevoss Discuss Bitcoin and Crypto for the Unbanked

Kiss' Gene Simmons and Winklevoss Discuss Bitcoin and Crypto for the Unbanked

Gene Simmons backs cryptocurrency assets and leverages Bitcoin to diversify his investment portfolio.

Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

Central Banks Could Monopolize Commercial Banking Sector via CBDC, Says Federal Reserve

A new working paper from the Federal Reserve Bank of Philadelphia indicates that the development of a central bank digital currency (CBDC) may create a fundamental shift in the way banks operate.

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Bitcoin Plummets as Fed Reserve Chair Jerome Powell Confirms Inflation Strategy Will Not Change

Federal Reserve chairman Jerome Powell has confirmed that the central bank’s monetary strategy regarding inflation will not change.

Blockchain Brings Monetary and Financial Freedom

Blockchain Brings Monetary and Financial Freedom

We look at three key aspects (money form, money issuance, and the flow of money) of our monetary and financial system where the blockchain technology may have a major impact

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

Australian Government Explores the Viability of Blockchain For Land and Property Conveyancing Transactions

The Australian government is piloting a blockchain database to find out its viability on conveyancing transactions.

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