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A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2.7 million) at varying interest rates. The company has also established a subsidiary overseas for its crypto business. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space […]
The post Japanese Public Company Offering Loans Secured by BTC, BCH, ETH appeared first on Bitcoin News.
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Binance Labs, the investment wing of the leading cryptocurrency exchange, Binance, has announced that it has invested in Libra Credit – “a decentralized digital asset financial services platform.” The partnership will allow holders of Binance’s native token, Binance Coin (BNB), to use their BNB as collateral for loans in crypto of fiat currency. Also Read: Pantera […]
The post Binance Labs Announces Partnership With Libra Credit appeared first on Bitcoin News.
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Galaxy Digital, a merchant bank founded by famed bitcoin investor and president of the Fortress Investment Group, Michael Novogratz, has led a $52.5 million investment round for cryptocurrency-backed USD lending platform, Blockfi. Also Read: Coinbase Now Offers Crypto currency Gift Cards in Europe and Australia Novogratz’ Galaxy Digital Leads $52.5 Mn Fundraiser for Crypto-Backed Lending Platform In […]
The post Novogratz’ Galaxy Digital Leads $52.5 Million Blockfi Fundraiser appeared first on Bitcoin News.
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An established Japanese corporation has begun offering loans secured by cryptocurrency. The company says this is the first service in Japan where loans in Japanese yen can be obtained with cryptocurrency as collateral. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Loan Program Abic Corporation announced Friday the launch of its bitcoin loan […]
The post Japanese Corporation Begins Offering Loans Secured by Cryptocurrency appeared first on Bitcoin News.
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Another government-approved Japanese cryptocurrency exchange has launched a program to borrow cryptocurrencies from its members. The exchange seeks to borrow as little as 1 BTC. Initially, only BTC will be borrowed, but the exchange plans to add other cryptocurrencies including BCH, XRP, ETH, and LTC. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Bitbank […]
The post Got 1 BTC? Another Japanese Exchange Wants to Borrow Your Cryptocurrencies appeared first on Bitcoin News.
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GMO Internet’s cryptocurrency exchange has added four more cryptocurrencies to its loan program which allows customers to lend their cryptocurrencies to the company. The program was originally launched last month for just bitcoin (BTC) but GMO has now added bitcoin cash (BCH), ether (ETH), litecoin (LTC) and ripple (XRP) to the program. Also read: Yahoo! Japan Confirms […]
The post Japan’s Internet Giant GMO Wants to Borrow BCH, ETH, LTC, XRP From Customers appeared first on Bitcoin News.
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A Malta based startup is creating a card for cryptocurrency investors that will enable short-term cash advances in the form of Mastercard and Visa cards loaded with fiat currencies #SPONSORED
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Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin […]
The post Japan’s GMO Wants to Borrow Bitcoins from Customers appeared first on Bitcoin News.
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Crypto-asset lending is a new type of Fintech business that is surfacing all over the world #EXPERT_TAKE
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