Loans

Nexo Now Offers Bitcoin Cash Instant Crypto Credit Lines

Bitcoin Cash community members are able to borrow against their favorite digital asset in more than 40 fiat currencies across more than 200 jurisdictions. This is thanks to Nexo which now offers BCH Instant Crypto Credit Lines with one of the lowest annual percentage rates in the industry. Also Read: Save the Children Now Accepts...
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Nonprofit Launches Blockchain Platform for Credit History in Sierra Leone

Nonprofit organization Kiva along with the government of Sierra Leone have launched a country-wide blockchain solution for credit history. San Francisco-based nonprofit Kiva, a company that crowdfunds loans for financial inclusion, has launched a blockchain platform for credit history with the government of Sierra Leone. According to a Reuters report on Aug. 21, Kiva and...
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As US Expands Subprime Mortgage Program, Is a New Crisis Looming?

The Federal Housing Administration, a division of the U.S. Department of Housing and Urban Development, has recently adopted new guidelines widening the scope of condo purchases eligible for lower down payment loans insured by the government. While that could lead to more members of certain social groups buying a first home, critics fear a new...
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Silvergate Bank Plans to Offer Cryptocurrency-Collateralized Loans

Silvergate Bank’s Silvergate Capital Corporation is examining the possibility of offering cryptocurrency loans. The holding company of cryptocurrency-friendly Silvergate Bank, Silvergate Capital Corporation, announced that the firm plans to offer cryptocurrency-collateralized loans. In an S1/A form filed with the United States Securities and Exchange Commission on Aug. 15 the bank notes: “We believe there may...
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