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Loans News

Loans are certain amounts of money given by an individual, organization or government to the another entity. The recipient is usually obliged to return the loan with additional interest. Loans are one of the driving forces of current economies and a crucial part of the financial sector. Loans can take various forms and may include loans in goods, fiat money loans, cryptocurrency loans, etc. The practice of crypto loans is new and has its flaws, mostly connected to the high volatility and technical difficulties inherent to cryptocurrency. However, Bitcoin (BTC) loans are already available in several BTC loan sites, some of which provide a rather quick Bitcoin loans procedure. Cryptocurrency loans may become the new standard for receiving loans — due to the high speed of transaction, the trusted distributed ledger and inclusion of information technologies.
News
Cryptocurrency exchange Bitfinex announced that it repaid $100 million of outstanding loan facility to stablecoin operator Tether.
Crypto Exchange Bitfinex Repaid $100 Million to Stablecoin Operator Tether
Adrian Zmudzinski
2019-07-02T17:36:00+01:00
4668
News
The CEO of Blockchains LLC bought a bank in Nevada, citing financial inclusion, running a regulatory sandbox and issuing blockchain-based banking tools as motiv...
Blockchains CEO Acquires Kirkwood Bank of Nevada for $28M
Max Boddy
2019-07-01T23:05:00+01:00
6877
News
HSBC has deployed tokenization tech in its receivables infrastructure for corporate clients in India.
Global Banking Giant HSBC Launches Tokenization-Based Receivables System for India
Helen Partz
2019-06-18T21:07:00+01:00
5354
News
Blockchain startup Spring Labs recently raised $23 million in Seed A funding round, says funds will go towards security products built on its Spring Protocol bl...
General Motors Participates in $23M Funding Round for Spring Labs Blockchain Firm
Max Boddy
2019-06-12T22:44:00+01:00
4544
News
Cryptocurrency asset management company BlockFi announced that it has opened interest-bearing accounts for the gemini dollar.
Crypto Lending Startup BlockFi Launches Gemini Dollar Accounts
Adrian Zmudzinski
2019-05-29T20:44:00+01:00
3111
News
Shinhan Bank introduced its blockchain-powered lending platform, allowing clients to get loans without face-to-face interaction.
Korea’s Oldest Bank Launches National Blockchain-Based Loan Platform
Helen Partz
2019-05-27T14:52:00+01:00
4364
Analysis
Decentralized credit and loans: better for borrowers and better for the economy.
DeFi and Credit on the Blockchain: Why Loans Are Better When They’re Decentralized
Simon Chandler
2019-05-25T23:50:00+01:00
14198
News
Following a successful pilot transaction on the new blockchain platform finledger, there are plans to roll out the tech to the entire industry.
Four Banks Successfully Test New Blockchain Platform for Processing Promissory Note Loans
Thomas Simms
2019-05-22T17:24:00+01:00
4697

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