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Bitcoin Daily: Spain’s PortAvertura World to Take Bitcoin at Hotels Next Season; Asset Manager Cobo Nets $40 for DeFi Infrastructure

PortAventura World, a resort possessing Europe’s most theme parks and six hotels, is creating software so guests can use cryptocurrency to pay, according to a press release.

The project will be rolled out in the beginning of 2022 as the six hotels have their receptions. Guests will be able to pay with crypto if they want and “will be able to carry out their transactions in a flexible, simple and secure way by using bitcoin,” which was chosen as the digital currency to be accepted in the early stages of the project, the release stated.

The project is part of PortAventura World’s initiative to become aligned with the latest trends and satisfy the needs of guests, said Managing Director David García Blancas in the release.

In other news, Cobo, a digital asset manager, has raised $40 million to roll out its expanded pathways to decentralized finance (DeFi) products, Cointelegraph reported.

Cobo works with DeFi-as-a-Service (DaaS), allowing institutions and customers to access the products in an easy manner, the report stated. The capital will specifically be used for getting regulatory licenses and making sure that anti-money laundering (AML) guidelines are followed.

DaaS gives institutions better access to DeFi smart contracts without having to read up on the complexities on the market, according to the report. Cobo’s market has largely served over 300 institutional Asia-Pacific area investors.

Meanwhile, Moonpay, a crypto payments infrastructure company, has partnered with Blocto to roll out a crypto wallet with a fiat on-ramp, according to a press release. Blocto works as a crypto wallet provider.

The new product will be available on the Flow ecosystem and will offer easy access to nonfungible token (NFT) marketplaces, including ones like online role-playing game Chainmonsters, the release stated.

“Our mission at MoonPay has always been to make fiat-to-crypto transactions as simple as possible,” said MoonPay Co-Founder and CEO Ivan Soto-Wright in the release. “As blockchain-based games such as Chainmonsters become increasingly popular, we’re excited to be partnering with Blocto to offer a new and easy experience for fueling blockchain games.”

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