This week in crypto
- Goldman Sachs began offering loans backed by BTC
The agreement allows them to receive fiat such as USD, using their crypto as collateral.
It is the first for the Wall Street bank!
Damien Vanderwilt, co-president of Galaxy Digital Holdings, commented that accepting crypto assets as collateral is the next step beyond services such as wealth management, trading, and investment banking for Wall Street banks.
- The Central African Republic passes a law to use Bitcoin as legal currency
CAR is just the second country to approve BTC as legal tender. The Central African Republic is one of the world’s poorest countries but is rich in diamonds, gold and uranium.
- Dubai real estate developer Damac to accept cryptocurrencies
DAMAC Properties, a leading luxury real estate developer in Dubai, announced on April 27 that it would support the digital economy by enabling the conversion of cryptocurrency to fiat currency, as well as the selling of real estate to wealthy holders of Bitcoin and Ethereum.
- Buenos Aires will allow residents to make tax payments with crypto
According to Mayor Larreta, the Buenos Aires City government will not receive crypto directly from residents but instead Argentine pesos, via conversions to be carried out by “leading” crypto companies.
- Axe launches limited edition Dogecan deodorant
After introducing Dogecan body spray last year, AXE is back with “Dogecan: The Stick” deodorant for DogeDay (4/20). To mark DogeDay this year, AXE is offering the chance to purchase just 100 sticks of the Dogecan: The Stick.
Which news did you enjoy the most? Write in the comments!
