United Wholesale Mortgage began piloting crypto payments in August but has decided against extending the program.

Trialled acceptance of bitcoin, ether, and dogecoin and multiple different borrowers.

  • to see how the process would work
  • says the demand is not there
  • "There was not enough demand at the end of the day to really push the envelope too hard,"
  • "Due to the current combination of incremental costs and regulatory uncertainty in the crypto space, we've concluded we aren't going to extend beyond a pilot at this time,"

Info via CNBC, link here

BTC not fussed, there are positive developments fir it ongoing:

United Wholesale Mortgage began piloting crypto payments in August but has decided against extending the program.