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Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines
9.12.2019
Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also...
Pomp Joins Figure’s Board as Firm Completes $103M Funding Round
5.12.2019
Morgan Creek Digital’s co-founder Pomp joins Figure’s board as his company leads the $103 funding round
Crypto-Focused Lender Blockfi Launches Trading Platform
5.12.2019
Crypto financial services company Blockfi has launched a trading platform supporting three cryptocurrencies. The new offering adds to the company’s existing services: interest-bearing accounts and crypto-backed loans. Blockfi has completed registration with the U.S. Financial Crimes...
Crypto Loans See Solid Growth, Platforms Attract Community Interest
5.12.2019
Crypto loan platforms are emerging as a big sector of the crypto industry, but how do they work and who needs them?
$4 Billion US Fintech Startup Sofi Receives New York Bitlicense
4.12.2019
Sofi is a startup valued at over $4 billion which is focusing on providing millennials with student loan refinancing, personal loans, mortgages, and other wealth management and financial services. In September it has added crypto trading to its investing platform as a response to demand from...
Crypto Platform Celsius Network Reaches $4.25 Billion in Total Loans
17.11.2019
Crypto platform Celsius Network reached $4.25 billion in total crypto loans
JPMorgan Automates Derivatives Margin Payments With Blockchain Tech
15.11.2019
JPMorgan has developed a new blockchain-based solution designed to speed up cash and collateral transfers
Int’l Bank Regulator Is Studying Crypto Lending Capital Requirements
8.11.2019
International banking regulator the Basel Committee works to establish guidelines for handling crypto assets
Britain’s Tax Authority Updates Crypto Guidelines
4.11.2019
Her Majesty’s Revenue and Customs (HMRC) has updated its guidelines on the taxation of transactions involving crypto assets. The United Kingdom’s tax authority clarifies its stance on cryptocurrencies and explains which taxes apply to specific activities carried out by business entities...
Bad Loans at Big British Banks Jump Over 50% in a Year
4.11.2019
Shaken by the never-ending saga around Brexit and the global slowdown, the British economy is now showing signs that point to an upcoming crisis. The U.K.’s biggest banks have been dealing with a growing number of loans companies are struggling to pay off. At the same time, low interest rates...
Genesis Clocks Quarterly Surge in Cash and Stablecoin Lending
30.10.2019
For the first time this year, BTC-denominated loans now represent less than 60 percent of Genesis' portfolio
Lock BTC, Get DAI: Lending Firm Bridges Bitcoin-DeFi Divide in Latin America
29.10.2019
Ledn is partnering with MakerDAO to bring the ethereum-backed stablecoin DAI to more users in Latin America
Crypto Lending Platform Nexo Lowers Rates On Instant Credit Lines
25.10.2019
Crypto lending platform lowers borrowing rates after having secured long-term cost-efficient financing
Earn More Interest on Your Crypto With These Comparison Tools
20.10.2019
2019 has been the year in which crypto lending has really taken off. Centralized and decentralized finance have been major growth areas, aided by crypto exchange integration and a backdrop of negative interest rates in the banking sector. Why be penalized for saving fiat when you can be rewarded...
Crypto Exchange Binance Launches Eighth Phase of its Lending Product
8.10.2019
Binance announces the launch of the eighth phase of its lending product
Turkish Government Freezes Over 3 Million Bank Accounts
5.10.2019
Hundreds of thousands of businesses and individuals with tax obligations to the Turkish state have received foreclosure notices this week informing them about their frozen bank accounts. The government of Turkey, which is struggling with financial and economic problems under geopolitical pressure...
Morningstar Develops Blockchain Platform for Debt Securities
2.10.2019
Financial services firm Morningstar is developing a blockchain platform for debt securities
Bitrue Exchange to Launch Crypto-Backed Loan Platform
24.9.2019
The service, which goes live on Sept. 30, loans BTC, ETH XRP and USDT at a 0.04% daily interest rate
Bankera Launches a Global Crypto Backed Lending Solution
21.9.2019
The team behind Bankera, which is building the bank for the blockchain era, has announced the release of its very own lending solution – Bankera Loans. The solution aims to provide flexible and secure crypto-backed loans to cryptocurrency holders globally starting from as low as 100 EUR up to...
Bankera Announces the Release of Global Crypto-Backed Lending Solutions, Bankera Loans
19.9.2019
Although the idea of crypto-backed loans is not entirely new, as the flow of cryptocurrencies in 2017 encouraged an ascent in crypto dependent lending platforms, current arrangements in general, will overlook customers, who are searching for smaller loans. Bankera Loans hopes to democratize access...