Loans
Crypto-Backed Loan Provider SALT Expands to 35 US States
Cryptocurrency-backed loan provider SALT Lending announced it will now serve customers in 20 new U.S. states on Wednesday.
Banking Giant Trials Blockchain for Issuance of Land-Backed Loans
One of the "Big Four" commercial banks in China has completed the issuance of a loan worth $300,000 using a blockchain system.
Bank of Queensland Rules Out Crypto Purchases With Mortgage Funds
The Australian retail bank has revised its loan agreements to prohibit borrowers from using mortgages to purchase cryptocurrency.
Chinese Banks to Put Credit Blacklist on a Shared Blockchain
The banking arm of Chinese retail giant Suning is testing a blockchain that would allow banks to share a ledger of users with bad credit scores.
Arrington-Backed Startup Launches Crypto-for-Cash Credit Platform
A crypto lending startup backed by TechCrunch founder Michael Arrington launched a U.S. dollar credit platform on Monday.
BBVA Issues $91 Million Loan Using Two Blockchains
Spanish banking giant BBVA has completed a pilot that issued a $91 million corporate loan using two different blockchain technologies.
NY Wealth Manager to Issue Loans Against Bitcoin
New York family office Dominion Capital is launching a product for a new breed of consumer that's "crypto rich" but low on cash.
Crypto Asset Lending Startup BlockFi Raises $1.55 Million
BlockFi, a startup that offers U.S. dollar loans to crypto-asset owners, has raised $1.55 million in capital from investors.
China's Banking Regulator Pushes Blockchain Adoption for Credit Market
China's banking regulator, the CBRC, thinks the country should double down on its adoption on blockchain technology to improve the credit market.
Microlending Startups Look to Blockchain for Loans
Blockchain is now being touted as a way to revive a long-promised method of boosting financial access for the underbanked.
