CRYL expands Japan’s Bitcoin lending market with $6.2M loans
Japanese lender CRYL has launched Bitcoin-backed loans ranging from 1 million yen to 1 billion yen, or about $6,200 to $6.2 million. Summary CRYL offers...
Tag : loans
Japanese lender launches Bitcoin-backed loans of up to $6.2M
Japanese lender CRYL has launched Bitcoin-backed loans of up to 1 billion yen ($6.2 million), allowing individuals and businesses to raise fiat currency without selling...
Strike launches ‘volatility-proof’ Bitcoin loans amid bear market, but at a cost
Bitcoin financial services platform Strike has launched a “volatility-proof” Bitcoin-backed loan that eliminates margin calls and forced liquidations amid the depths of a bear market,...
Tether brings $23B gold push into crypto-backed loans
Tether is expanding the use of Tether Gold as crypto lender Ledn adds support for XAU₮. Summary Tether is expanding XAU₮ utility by bringing tokenized...
Kraken, Maple launch onchain warehouse facility for crypto-backed institutional loans
Crypto exchange Kraken and onchain asset manager Maple have launched an onchain warehouse financing facility for crypto-backed loans, applying a lending structure widely used in...
XRP News: David Schwartz Just Said XRP Is Becoming a Settlement Layer for Stocks and Loans, Is the Infrastructure Actually Ready?
Ripple CTO Emeritus David Schwartz used a June 5 video segment to lay out what the XRP Ledger is becoming: a settlement and issuance layer...
Vietnam may let SMEs use digital assets to unlock bank loans
Vietnam’s Ministry of Finance has proposed allowing small and medium-sized enterprises to use digital assets, virtual assets and intellectual property as collateral for bank loans....
Coinbase rolls out UK crypto-backed loans as FCA shapes rules
Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase...