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Anchorage Digital to Offer Ethereum Backed Loans to Institutions with FDIC-insured Bank, BankProv
Crypto custody bank Anchorage Digital is getting into the lending business. The digital bank will now offer crypto-backed loans to its customers. The new service is in conjunction with major US commercial bank BankProv. дальше »
2021-6-4 15:58 | |
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Crypto Bank Anchorage Announces ETH-Backed Loans for Institutions
Institutional clients holding Ethereum can now access bank-grade loans, with custodied ETH providing collateral… The post Crypto Bank Anchorage Announces ETH-Backed Loans for Institutions appeared first on Coin Journal. дальше »
2021-6-4 12:27 | |
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Fidelity Digital to Accept Bitcoin Collateral on Cash Loans for Institutions
Fidelity Digital Assets is reportedly partnering with crypto lender BlockFi for the new business angle. дальше »
2020-12-9 18:59 | |
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Nasdaq-Listed Company Sued for Backing $2 Billion Loans With 83 Tons of Fake Gold
The Nasdaq-listed company that allegedly used 83 tons of fake gold bars as collateral to secure loans worth about $2 billion from multiple financial institutions in China is now in default and facing several class-action lawsuits. дальше »
2020-8-10 22:30 | |
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Gold Industry Shaken as 83 Tons of Fake Gold Bars Used to Secure $2 Billion Loans in China
The gold industry has been shaken after it was discovered that 83 tons of fake gold bars have been used as collateral for loans worth 20 billion yuan from 14 financial institutions to a major gold jewelry manufacturer in Wuhan, China. дальше »
2020-7-1 17:10 | |
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BabelFinance predicts $1 billion in crypto-backed loans by the end of the next bull run
BabelFinance, a bank offering service to crypto-investors, crypto-miners and institutions related to crypto, is in the news after it announced that it had issued crypto-backed loans worth $110 million, out of which $88 million were outstanding loans. дальше »
2019-6-13 14:30 | |
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In Light of Tether’s Fractional Reserve, a Shadow of Fiatcoins’ Future
Tether has taken a lot of heat for admitting it is running a fractional reserve. There’s no doubt that Tether’s unregulated nature makes this approach risky and that its lack of transparency is unsettling, but the entire modern banking system is architected on fractioned assets. дальше »
2019-5-13 16:37 | |
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A Bank In Australia Uses Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. Also Read: Tether Announces Appointment of New Chief Compliance Officer Bank of Queensland Cracks Down on Customers Using Mortgage Funds to Trade Crypto Bank of Queensland has banned its customers from using loans that are дальше »
2018-7-14 11:26 | |
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Australian Bank Bans Use of Mortgage Funds for Crypto Speculation
One of Australia’s oldest financial institutions, Bank of Queensland, has prohibited the use of home equity loans for virtual currency speculation. The move has been attributed to concerns pertaining to the growing regulatory oversight of the cryptocurrency sector in Australia. дальше »
2018-7-14 09:55 | |
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