Crypto Lending

February 20, 2024

Polygon-based lending platform to provide crypto liquidity for luxury items

Luxury collectible item owners often face liquidity challenges when seeking to convert their assets into cash. However, a Polygon-based lending platform is set to transform this […]
February 01, 2024

Celsius exits bankruptcy, commences return of over $3B to creditors

Celsius, a cryptocurrency lending firm, has successfully navigated its way out of Chapter 11 bankruptcy in the United States. The company is now set to redistribute […]
December 01, 2023

Celsius faces hurdle as judge hints at new vote for Bitcoin mining shift

Judge Martin Glenn reportedly said that the proposed transformation into a Bitcoin mining business deviates significantly from the deal creditors initially voted on.   Celsius Network, […]
August 29, 2023

DCG reaches ‘agreement in principle’ with Genesis creditors, debtors

The estimated U.S. dollar equivalent recoveries could amount to 70%–90% for Genesis creditors, should the amended plan be carried out.   Digital Currency Group (DCG), a […]
July 07, 2023

Canadian regulator explains stance on crypto staking, lending for investment funds

Staking is still allowed, while the lending opportunities are limited and the proportion of “illiquid” assets is restricted.   The Canadian Securities Administrators (CSA), Canada’s main […]
July 05, 2023

Clarity needed on crypto lending regulations – UK Law Commission

The Law Commission’s recommendations highlight the need to clarify whether cryptocurrency lending falls under existing financial collateral regulations.   The lawyer leading the United Kingdom’s Law […]
July 03, 2023

Thai SEC bans the use of customer crypto assets for lending and investment

Investor protection regulations have been under discussion since September 2022 amid the crypto lending crisis that saw firms such as BlockFi and Celsius declare bankruptcy.   […]

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