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Genesis Doubles Crypto Loan Issuance for the Third Quarter to $5.2 Billion


Crypto lender Genesis provided $5.2 billion in new loans in the third quarter of 2020, more than double its previous record of $2.2 billion in the preceding quarter. Issued to corporate borrowers such as hedge funds and trading firms, the loans are mainly denominated in bitcoin (BTC), ether (ETH)...

Japanese Ruling Party Urges Gov’t to Speed up Digital Yuan Issuance


Japan’s ruling Liberal Democratic Party will call upon the government to release a digital currency “as soon as possible” – or risk falling behind other nations, including China. Per Jiji, via the Japan Times, the party, which recently elected Yoshihide Suga to become its leader and the country’s...

BABMI Finance Aims to Facilitate BMB Lending and Derivative Issuance


BAMBI focuses on building a one-stop platform for derivative issuance, staking proxy with cross chaining, asset, and trading management in the realm of DeFi. This, in turn, will provide users risk minimized, decentralized, and revolutionary financial products. The Potential of the DeFi Market...

Philippines Central Bank May Decide on CBDC Issuance by Next Month


Another day, another central bank said it (conditionally) wants to issue a digital currency. This week it is the turn of the Philippines, whose central bank has created a committee that will examine the feasibility and policy implications of issuing a digital version of the fiat peso. The committee...

SBI Launches ‘Digital Token Issuance Platform’ on Corda Blockchain


Japanese financial giant SBI Holdings has unveiled a platform that will allow companies and regional government bodies to issue “digital tokens” using the American firm R3’s Corda blockchain network. The company said its platform is named S Coin, per an official statement. The solution, it said,...

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