Today news
About the same in other media
Crypto-backed loans: How banks are working to capitalise on cryptocurrency mania
Reading now: 789
cnbctv18.comThe rising popularity of cryptocurrencies has prompted banks to consider ways to capitalise on the frenzy without directly participating in the crypto market. While New York-based Signature Bank and rival Silvergate have already launched bitcoin-backed cash loans earlier this year, other big banks may soon join the race with different products.According to a CoinDesk report, Goldman Sachs and a handful of top banks in the US are also considering providing cash loans to other institutions using Bitcoin as collateral.
Read more on cnbctv18.comAbout this in other media
Bitcoin-Backed Mortgages Coming to the US and Canada in 2022 as Ledn Raises USD 70M cryptonews.com /2 years ago
Robinhood is Working On Crypto Gift Transfers - Report cryptonews.com /2 years ago
Banking Behemoth's Crypto Wallet, Ethereum Outflows, Bitcoin's Milestone, Cheap NFT Ape + More News cryptonews.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
