credit line
3 Benefits You Need to Know About Cryptocurrency Credit Cards
A breaking story shows that MedeTrade crypto exchange has integrated Dash in its Visa cryptocurrency credit and debit card. Therefore, crypto users need to know about benefits associated with cryptocurrency visa card.
US authorities consider expanding credit line for banks
US authorities are considering expanding an emergency credit line for banks to provide First Republic Bank with a time buffer to address balance sheet concerns, according to Bloomberg sources. The bank is deemed stable enough to operate without immediate intervention.
Marathon Digital Refinances $100m Credit Facility from Silvergate Bank
Marathon Digital secured another loan deal of $ 100 million to sustain its operations amid the crypto market rout.
Messaging Giant LINE is Developing a Platform for CBDC
Japanese messaging giant Line is developing a platform to aid Asian central banks in their pursuit of central bank digital currencies (CBDC).
LINE Messaging App Launches Digital Asset Wallet and Blockchain Platform to Run Dapps and Tokens
LINE communications app recently launched a new blockchain digital wallet that can be used to manage various crypto assets.
ConsolFreight Releases New Proof Of Concept To Advance The Role Of Logistics Providers In Trade Finance
"Banks are short-sighted in determining and validating the value of the goods being financed. They have drawn a very distinctive line between Logistics and Financial institutions, where the value of the assets is entirely disconnected from the process. Thus, leaving an untapped market of unfulfilled credit demand estimated at $1.6 trillion," says ConsolFreight's CEO, Ernesto Vila.
A Brief History of US National Credit Defaults
Which nation’s credit is the most reliable? Many casual economic observers would say “America” without hesitation. But do the United States really have a stellar-credit record? No actually, not really at all. In fact, a conscientious look over the last few centuries would reveal that the nation’s brief history is riddled with national credit defaults.
HSBC Successfully Executes First Blockchain Letter of Credit in Malaysia
HSBC announced its successful execution of a pilot live blockchain letter of credit (LC) transaction in Malaysia on Oct. 14.
Credit Giant MasterCard Grants Wirex First Principal Membership License
Wirex has become the first native cryptocurrency platform to be granted a principal membership license from credit giant Mastercard as part of their accelerated expansion into digital assets.
Japan’s Digitalization Effort will have Mixed Credit Impact across Sectors, says Moody’s Report
Japan’s digitalization effort will have a mixed credit impact across sectors according to a new report by Moody’s investor services.
Vietnam Launches a National Enterprise Blockchain Platform as it Eyes a Global Top 50 Slot
The Ministry of Information and Communications in Vietnam is building an enterprise blockchain platform dubbed akaChain in line with its national program.
Islamic Development Bank to Create Blockchain Smart Credit Platform with Samsung's Blocko
The Islamic Research and Training Institute partnered with Samsung backed Blocko to develop a functional Credit Management System for Saudi Arabia.
Blockchain: The Trust Alternative to the History of US National Credit?
A conscientious look over the last few centuries would reveal that the brief history of the United States is riddled with national credit defaults. In all these instances, the people and the businesses relying on the fiscal value agreements they had made with the Central credit agency found their trust hopelessly misplaced. How can blockchain be leveraged to break the cycle of U.S. National Credit Default?
Visa Partners with Fold to Offer Bitcoin Rewards Credit Card
Visa, a prominent payment provider, has joined hands with Fold, a San Francisco-based Bitcoin cashback app, to offer a credit card that will enable consumers to gain Bitcoin rewards as compared to earning points. Through the strategic collaboration, users will have first-hand experience with the most-valuable cryptocurrency.