Americas

Anchorage rolls out ETH-backed loans with America's 10th oldest bank

Anchorage rolls out ETH-backed loans with America’s 10th oldest bank

Digital asset bank Anchorage is building out its borrowing and lending tools, and it sees its new ether-backed loans as the path to institutional growth. The firm rolled out its latest lending product today in partnership with BankProv, which was founded in 1828 (known then as The Provident Bank). The tie-up will allow institutions that …

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Why Bitcoin's impact on Latin America's unbanked remains 'fairly limited'?

Why Bitcoin’s impact on Latin America’s unbanked remains ‘fairly limited’?

Over the years, while cryptocurrencies, namely Bitcoin has explored different use cases, one of the strongest narratives Bitcoin has been part of involves providing a financial avenue for the world’s unbanked population. This has been demonstrated in developing markets in which a substantial demographic continues to not have access to the country’s financial infrastructure or …

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