Ledn issued $188 million in Bitcoin-backed securitized bonds. Coinbase expands crypto-backed loans using XRP, ADA, DOGE, LTC. Active crypto loans have dropped 36% since September peak. Digital asset lending company Ledn has completed the first-ever transaction of its kind in the asset-backed debt market, selling $188 million in securitized bonds backed by Bitcoin (BTC). This…
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Coinone, Upbit, and Bithumb revive coin lending under FSC’s stricter oversight. New guidelines cap borrowing, restrict assets, mandate tests, and limit annual interest. Exchanges handle $5.26 billion daily, highlighting regulators’ cautious stance on leverage. Despite tighter oversight from South Korea’s financial authorities, leverage-driven “crypto lending” services resurface across domestic exchanges. Platforms like Upbit, Bithumb, and…
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