In little over a decade since the inception of cryptocurrencies through the vision of Satoshi Nakamoto and his creation of Bitcoin, digital currencies have changed the shape of traditional financial markets. Leveraging on the efficiency, security, and speed of blockchain technology, digital coins and tokens are penetrating every aspect of the financial world. Financial Loans From credit cards to corporate bank loans, the extension of money from one entity to another is a huge market worldwide. This involves at least two parties. One is the lender, which offers the required amount at a determined interest, and the other is the
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Crypto lending firm PawnHub has announced its partnership with a leading US-based custodian to provide $100 million in insurance coverage for its clients. 3rd February 2020, Hong Kong – Hong Kong-based crypto lending firm PawnHub.io is the first company of its type to obtain a license from the Government of Hong Kong. The firm will partner with a leading US-based cryptocurrency custodian, to provide insurance coverage for clients’ Bitcoin assets of up to $100 million USD anywhere in the world. Crypto lending is fast becoming an integral part of the crypto ecosystem with PawnHub being the first regulated crypto lending
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