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[ Thu, Mar 20th 2025 ]: CNN
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[ Thu, Mar 20th 2025 ]: Forbes
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[ Wed, Mar 19th 2025 ]: WJCL
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[ Wed, Mar 19th 2025 ]: Investopedia
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[ Wed, Mar 19th 2025 ]: CNET
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[ Wed, Mar 19th 2025 ]: Newsweek
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[ Wed, Mar 19th 2025 ]: Fortune
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[ Wed, Mar 19th 2025 ]: Bloomberg
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[ Wed, Mar 19th 2025 ]: AOL
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[ Wed, Mar 19th 2025 ]: CNBC
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[ Wed, Mar 19th 2025 ]: MoneyWeek
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[ Wed, Mar 19th 2025 ]: Cryptopolitan
Gibraltar-based bank introduces Bitcoin-backed loans, offering up to $1M in crypto credit
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[ Wed, Mar 19th 2025 ]: Forbes
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[ Wed, Mar 19th 2025 ]: Reuters
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[ Tue, Mar 18th 2025 ]: CNN
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[ Tue, Mar 18th 2025 ]: Alternet
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[ Tue, Mar 18th 2025 ]: Insider
What is the FDIC? Safeguarding Your Money in the Banking System

Gibraltar-based bank introduces Bitcoin-backed loans, offering up to $1M in crypto credit

The Gibraltar-based bank, Xapo Bank, has introduced a new financial product allowing customers to take out loans backed by their Bitcoin holdings, offering up to $1 million in credit. This service enables clients to leverage their cryptocurrency without selling it, providing liquidity while potentially benefiting from future increases in Bitcoin's value. The loans are available in USD, EUR, GBP, and XAUT (tether gold), with interest rates starting at 7.5% for a 12-month term. This move reflects a growing trend of traditional financial institutions integrating cryptocurrency into their services, aiming to attract crypto-savvy customers by offering innovative financial solutions.

Read the Full Cryptopolitan Article at:
[ https://www.msn.com/en-au/money/markets/gibraltar-based-bank-introduces-bitcoin-backed-loans-offering-up-to-1m-in-crypto-credit/ar-AA1BbZrj ]