WLFI is shifting into international change and remittances with a USD1-based platform concentrating on decrease switch prices. The launch positions the agency inside a US$9.6 trillion (AU$13.54 trillion) day by day FX market and a US$892 billion (AU$1.26 trillion) remittance sector. The rollout follows a belief financial institution constitution bidContinue Reading
Tether made a strategic, undisclosed funding in Ledn, a bitcoin-backed lending platform that survived the 2022 crypto collapse. The funding is meant to develop entry to collateral-backed credit score utilizing crypto rails, supporting self-custody and monetary resilience for customers. The partnership is anticipated to end in smoother and extra environmentContinue Reading
South Korea’s Financial Services Commission (FSC) has ordered all local crypto exchanges to suspend the launch of new lending services. The ban is in response to rising investor risks, citing high volatility and a recent case where a surge in liquidations at the exchange Bithumb led to significant losses forContinue Reading
