Articles for tag: Blockchain, Cryptocurrency, digital currencies, federal grants, financial technology, housing assistance, HUD

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HUD Explores Blockchain and Stablecoin Initiatives in Groundbreaking Crypto Experiment to Enhance Housing Assistance Programs

The U.S. Department of Housing and Urban Development (HUD) is exploring the use of cryptocurrency, potentially as a trial for federal applications, according to recent discussions reviewed by ProPublica. Some officials express concerns about paying federal grant recipients in cryptocurrency, citing its association with financial instability and crime. The focus has shifted towards using blockchain ...

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