MyEListing has launched a real estate marketplace platform that accepts payments in bitcoins and ethers for its properties in Texas. This and more news in this handy daily summary so that you are always informed with the most recent events that occur within the crypto world.
Properties in Texas are being sold in Bitcoin
📍In the state of Texas, it is possible to purchase real estate using cryptocurrencies such as Bitcoin. A Texas-based startup has launched a real estate marketplace platform that allows its users to buy and sell properties using cryptocurrencies like Bitcoin and Ethereum.
According to The Dallas Morning News, the new platform already lists several properties for sale, both in BTC and ETH. To process payments in crypto assets, the real estate company has partnered with a local exchange.
MyEListing's crypto marketplace platform is currently only available in the state of Texas. However, the company is planning to integrate cryptocurrency real estate payments in other states in the country in the coming months.
The crypto industry is becoming more and more mature
📍The maturity of the crypto industry is approaching that of the stock market. This is the opinion of Nick James and Max Menzies, researchers from the universities of Melbourne and Tsinghua, respectively, after having conducted a research study on the participation of cryptocurrencies in various investment strategies.
The study, titled "Collective dynamics, diversification and optimal portfolio construction for cryptocurrencies"He concludes that the nuanced similarities and differences between the crypto industry and the stock market expose clear signs of maturity for the former.
European bank launches stablecoin on Ethereum network
📍The digital asset subsidiary Société Générale-Forge (SG-Forge), of the Société Générale financial group, has launched a stablecoin linked to the euro on the Ethereum blockchain. The stablecoin, called EUR CoinVertible (EURCV), is designed to complement SG-Forge’s trading offering to qualified institutional clients. The company explained that the new stablecoin will allow the entity to bridge the gap between traditional capital markets and the digital asset ecosystem built on the blockchain.
EUR CoinVertible is the first institutional stablecoin pegged to the euro to be implemented within a public blockchain, the company highlighted in a release.
With this launch, Société Générale reaffirms its interest in contributing to the development and adoption of the European digital asset ecosystem. The entity highlighted that the new stablecoin will serve as a settlement asset, a solution for corporate treasury and for financing, thus allowing it to address the growing needs of its institutional clients.
Continue reading: Arkansas legalizes Bitcoin mining
IMPORTANT: The content of this article is for informational purposes only and, in no case, what is written here should be taken as investment advice or recommendations. Bit2Me News reminds you that before making any investment you should educate yourself and know where you invest your money, as well as the pros and cons of the system. We separate ourselves from the actions and consequences that ignorance may entail. If you decide to invest in this or another asset class, you are solely responsible for the consequences that your decisions and actions may have.
