Cryptocurrency-based loans have grown to be one of the most utilized decentralized finance (DeFi) that have emerged from the cryptoverse.
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New crypto card by Nexo allows users to pay without selling Bitcoin
Nexo has officially launched its cryptocurrency credit card in collaboration with Mastercard after announcing the project back in 2019.
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Michael Saylor: Financial markets are ‘not quite ready’ for Bitcoin bonds
“Not quite ready” — MicroStrategy CEO Michael Saylor said that traditional financial markets aren’t prepared for bonds backed by Bitcoin.
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MicroStrategy subsidiary will purchase Bitcoin after closing $205M crypto-collateralized loan
The price of Bitcoin is $47,806 at the time of publication, making MicroStrategy’s current 125,051 BTC holdings worth roughly $6 billion.
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Santander to Offer Loans Backed by Agricultural Commodity Tokens
Santander is developing the possibility of offering loans backed by tokens that are collateralized in agricultural products. The bank has partnered with Agrotoken, a company
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Crypto.com gives users in excluded countries one week to repay loans
The decision by Crypto.com comes just within a month of BlockFi’s $100 million penalties for its lending products, as many speculate regulatory clampdown could be
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