Biden Administration And U.S. Treasury Consider Regulations On Stablecoin Cryp-tocurrency Payments; Tech-Forward Metrospaces (OTC PINK: MSPC) Leads In PropTech Real Estate World EmployingTokenization And Cryptocurrencies To Hold Assets, Execute Payments
As more Central Banks globally begin accepting and creating their own cryptocurrencies, the Biden administration and the U.S. Treasury are considering beginning a bank-like regulatory framework around Stablecoins, according to The Wall Street Journal. These are blockchain technology driven coins with underlying asset value tied to government issued money. Cryptocurrency is a $2 trillion world and Stablecoins are a small part of it. Metrospaces (OTC PINK: MSPC) has designated Cryptobucks as an acceptable form of payment across all its platforms. Some cryptocurrency or digital currency executives find the news encouraging.
stockmarketpress.com features specialized coverage of related stocks including: Metrospaces (OTC PINK: MSPC), Vornado Realty Trust (NYSE: VNO-PL), Brookfield Property Partners LP (NASDAQ: BPYPM), Kimco Realty Corporation (NYSE: KIM), Boston Properties, Inc. (NYSE: BXP) American Tower Corporation Equity Lifestyle Properties, Inc. (NYSE: REIT AMT) and Digital Realty Trust (NYSE: DLR).
Biden Administration And U.S. Treasury Seek To Consider Regulations On Stablecoin Cryptocurrency Paymets; Tech-Forward Metrospaces (OTC PINK: MSPC) Leads In PropTech Real Estate World EmployingTokenization And Cryptocurrencies To Hold Assets, Execute Payments
Tokenization and cryptocurrency digital currencies are key to the growth of blockchain-driven PropTech globally, enabling large real estate investors to hold asset value in tokens, invest in projects with cryptocurrency and even encourage members living in Metrohouse co-living spaces developed by Metro spaces (OTC PINK: MSPC) to pay expenses such as memberships. Cryptobucks a cryptocurrency processing app, is the preferred cryptocurrency of MSPC. It was co-developed by MSPC’s tech-partner Shokworks.
Stablecoin distributors, such as Circle, say they like the idea of potential regulations in the U.S. Dante Disparte, Circle’s chief strategy officer and head of global policy, said, “We strongly believe that a full-reserve banking model built on digital currency technology can lead to a more efficient, fair, inclusive and resilient financial system.” Biden Administration And U.S. Treasury Consider Regulations On Stablecoin Cryptocurrency Payments; Tech-Forward Metrospaces (OTC PINK: MSPC) Leads In PropTech Real Estate World EmployingTokenization And Cryptocurrencies To Hold Assets, Execute Payments.
Even Jerome Powell, Federal Reserve Chairman, blessed the use of cryptocurrencies and called digital currency whose assets are tied to government-issued currencies — such as the dollar — like ‘money market funds.’
So, there is growing bank acceptance globally of cryptocurrency payments, such as those MSPC approves through Cryptobucks. The blockchain-driven digital currency is efficient, makes international payments simpler to track through blockchain and is a prime element of PropTech real estate in a digital currency world. Biden Administration And U.S. Treasury Consider Regulations On Stablecoin Cryptocurrency Payments; Tech-Forward Metrospaces (OTC PINK: MSPC) Leads In PropTech Real Estate World EmployingTokenization And Cryptocurrencies To Hold Assets, Execute Payments.
Oscar Brito, CEO of Metrospaces (OTC PINK: MSPC), is bullish on Cryptobucks as a blockchain technology payment app. He said, “As an innovator in the burgeoning prop tech community, Metrospaces is positioned to utilize the latest technology to propel the company into the forefront.” Tokenization and Cryptocurrencies are key to global acceptance of the tech-forward PropTech Real Estate Industry, enabling investors to hold asset value in tokens.
Brito added, “There will clearly be some very exciting opportunities for arbitrage between the private real estate market and the market driven by tokenization. We want to be right in the middle of that industry. We believe that this, added to tokenizing third-party assets as a service, will revolutionize real estate capital markets.”
Credit Brito, Metrospaces and Shokworks with encouraging investors, joint venture partners, Metrohouse co-living members and others across all Company platforms to use the Cryptobucks processing app to speed payment transaction, making them fully transparent and integrated. Biden Administration And U.S. Treasury Consider Regulations On Stablecoin Cryptocurrency Payments; Tech-Forward Metrospaces (OTC PINK: MSPC) Leads In PropTech Real Estate World EmployingTokenization And Cryptocurrencies To Hold Assets, Execute Payments.
The motivating factor that is making central banks — and governments — accept digital currency, or cryptocurrency, is regulation and taxation. Cryptocurrency makes transactions faster and more transparent to all participants globally. MSPC sees the ‘sweet spot’ of digital currency in its world of PropTech real estate.
MSPC is creating and developing luxury projects for millennials, GenZ members as well as commercial tenants who want the latest technology, driven by blockchain, IoT and AI. In this PropTech environment, Cryptobucks is a natural preferred cryptocurrency partner in this environment.
Eyeing the launch of its new tokenization-cryptocurrency platform, Metrocrowd — scheduling mid-December 2021 for final version actives — MSPC will offer the service to world class real estate owners and developers as a third-party service. MSPC can also be a principal-to-assets that can later be tokenized on the platform. The company seeks to offer the most profitable and unique real estate assets to the platform. Shokwoks has long been a leader in the use of cryptocurrency payments. Shokworks has been part of app-building for cryptocurrencies such as Bitcoin, Litecoin and Ethereum.
The MSPC tokenization platform is expected to launch later this year — Shokworks has long been a leader in the use of cryptocurrency and its application to the commercial community. Brito explained further, “We believe that once our platform is fully launched, we can not only provide exceptional liquidity for third-party clients, but we will be able to utilize the platform as principals, bringing additional liquidity to the Metrospaces balance sheet as we continue to acquire and improve commercial assets.”
Alejandro Laplana, CEO of Shokworks, tech-partner of Metrospaces (OTC PINK: MSPC), and newly named member of MSPC’s Board, is a co-creator of Cryptobucks. Shokworks co-created ‘Cryptobucks’ in a digital currency project with Alienate Payments and its founder Eric Brown. The blockchain technology app Shokworks and Alienate created was designed to convert digital currency into U.S. dollars, a process that permitted merchants to convert the digital currency (cryptocurrency) into American currency that could be liquidated or deposited directly into client bank accounts.
Source: Stock Market Press
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