Coinbase to launch token-backed mortgage down payments this summer
A Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
Bitcoinist·
In an interview with Politico, Coinbase CEO Brian Armstrong pushed back on JPMorgan Chase chief Jamie Dimon’s criticism of the CLARITY Act. At the same time, the bank’s analysts said that the odds of the bill clearing Congress and reaching President Trump’s desk this year are becoming increasingly slim. CLARITY Act Would Be ‘Good For […]
Read full articleA Coinbase-Better Home & Finance initiative will allow qualified borrowers to use Bitcoin and USDC as collateral for home loan down payments.
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Coinbase and Better launch America’s first Bitcoin-collateralized Fannie Mae mortgage, allowing homebuyers to keep crypto while purchasing homes. A major milestone has arrived for both the housing and cryptocurrency industries. The first Fannie Mae-backed mortgage backed by Bitcoin has been successfully originated in the United States, Coinbase announced. The loan was issued and is being […] The post First Bitcoin-Collateralized Mortgage Issued in America appeared first on Live Bitcoin News.
Coinbase froze more than $3 million in crypto tied to Southeast Asian scam networks as federal officials expanded a wider fraud crackdown. The DOJ-backed effort also involved major tech companies, law enforcement agencies, and infrastructure providers. How Coinbase’s $3M Freeze Fits Into a Wider DOJ Scam Crackdown Crypto exchange Coinbase (Nasdaq: COIN) said June 3 […]
The chances of passing the CLARITY Act this year have narrowed as lawmakers face a crowded legislative calendar and unresolved disputes over key provisions, according to JPMorgan analysts. According to a report from JPMorgan analysts led by Nikolaos Panigirtzoglou, political…
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Coinbase has funded the first Fannie Mae-insured mortgage in the U.S. using Bitcoin-backed collateral, bringing digital assets into a part of the housing finance market traditionally dominated by cash savings and bank deposits. According to Coinbase, the transaction was completed…
Some of America's biggest companies helped squash crypto fraud stemming from organized crime in Southeast Asia.