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Showing posts from September, 2019

Crypto Lending: A new trend?

Every few months, a new trend is emerging that records column spacing and encrypted Twitter chatter before moving on to the next new topic. Last month it was time to exchange IEO s and tokens before that. Right now, crypto -lending is a hot topic, and the interesting question is: are crypto-lending platforms a solution to a common problem or solution to finding a problem that is at stake? Before we try to answer that, there are some basic facts: It is extremely difficult to get a bank loan for personal or business use, which is hardly possible these days. As long as you have no property against which you can provide security, you will have difficulty obtaining a loan, and even if you do so, the interest will probably be exorbitant. Gone are the days when you can go to your bank, sit down with the manager, and work out the terms of a loan that could help you start your own business. Try it today by immersing yourself in the conversation that you are planning your own crypto startu

UK Regulators Give Edge to Security Tokens

Englands' money related controller, the Financial Conduct Authority (FCA), won't direct Bitcoin (BTC) as a piece of its ongoing direction on crypto resources. On July 31, the FCA issued its settled arrangement proclamation on cryptographic forms of money in a record titled "PS19/22: Guidance on Crypto assets." The report speaks to a refreshed variant of an interview paper on crypto resources that was first discharged for open remark in January 2019, and plans to carry increasingly administrative lucidity to existing sorts of computerized resources. In the report, the FCA considered significant cryptographic forms of money, for example, Bitcoin and Ether (ETH) as "trade tokens," depicting them as sorts of crypto resources that seem to be "normally decentralized and fundamentally utilized as a methods for trade." The controller stressed that such advanced monetary standards don't fall under the administrative extent of the FCA and is outs