Tag: Credit

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Regulation

Hong Kong jails former banker over $1.6B false credit, cryptocurrency bribes: Report

Former banking official gets four years in prison over false letters of credit and accepting $470,000 in cryptocurrency bribes.
Ethereum

New Clarity Act text tweaks DeFi, credit union provisions, but road ahead for bill remains murky

The Clarity Act needs 60 votes when the Senate returns from its recess next week. Republicans circulated a fresh draft on Thursday ahead of...
Ethereum

Tether pushes into private credit with $400 million fund with Fasanara

The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.
Ethereum

An AI credit bubble could set up bitcoin’s path to $1 million

Arthur Hayes thinks everyone has the AI trade filed under the wrong category. In a new essay, the co-founder of crypto exchange BitMEX and...
NFTs

XPlace Uses On-Chain Credit to Reduce Card Settlement Pre-Funding

XPlace has partnered with Credit Coop to finance card settlement through revolving on-chain credit, reducing its reliance on pre-funded capital.The facility processed $459,000 in...
Ethereum

Struggling farmers unlock $20,000 in credit by putting cows on the blockchain

Farmers in Parana, Brazil, struggling to get banks to loan them cash, became the first to tokenize livestock and place 10 dairy milk cows’...
NFTs

Lombard Opens Bitcoin-Backed Credit Vault With Flow Traders as First Borrower

Lombard Finance has launched a Bitcoin-backed onchain credit strategy with Flow Traders as its first borrower.The structure allows Bitcoin holders to earn yield from...
NFTs

R25 Brings Consumer Credit RWA Vault to Binance Wallet Earn

R25 has launched Axil Prime Credit on Binance Wallet, bringing tokenized emerging-market consumer loans to retail audience.The 3-month USDC vault targets double-digit gross yield...
Markets

Credit card giant JCB teams up with Circle to bring stablecoins to regular stores

They highlighted that stablecoins bring a wide range of benefits, including “reducing the burden of currency exchange for inbound tourists, further improving the efficiency...
Markets

Metaplanet Announces Joint Study To Bring Bitcoin-Backed Digital Credit To Japan

Metaplanet wants to turn its bitcoin pile into a credit market. On Friday, Japan’s largest corporate bitcoin holder said it has opened...
DeFi

Metaplanet announces join study to bring BTC-powered digital credit to Japan

"The four companies will examine issues in product design, the need for proof-of-concept initiatives, and the possibility of future issuance," Metaplanet said in a...
Markets

Bitcoin Whales Due Credit for $64,000 BTC Price Rebound, Says CryptoQuant

Bitcoin (BTC) demand shifts are “behind” the price rebound to $64,000, new analysis claims.Key points:New Bitcoin price analysis says that US whales are behind...
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