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Mortgage rates have climbed back over 7% following increased h | Coinspeaker

Mortgage rates have climbed back over 7% following increased higher yields from inflation fears. The 30-year fixed mortgage average rate jumped to 7.1% on Thursday.

HSBC Holdings and Nationwide Building Society are the latest banks to take steps in line with the recent warnings of the UK related to the crypto industry. The two banks have banned retail customers from purchasing cryptocurrency with the use of their credit cards.

Top Latin American crypto exchange, Bitso, in partnership with Mastercard, has announced the launch of its crypto debit card for Mexican customers.

The lingering legal battle between the US SEC and Ripple is expected to finally come to an end in 2023. The case, which began in December 2020, involved the payment protocol and two of its executives.

Four months after the collapse of the crypto exchange FTX, yet another crisis-like situation has gripped the crypto market with fear and unrest amid the developments around Silvergate Capital.