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Commercial Loans See Massive Unprecedented Spike
According to Federal Reserve Economic Data, commercial and industrial loans have skyrocketed to 2. 8 trillion dollars in total. Loans are useful for starting up a small business or for financing commercial expansions, but keeping the entire economy afloat entirely on loans is uncharted territory. дальше »
2020-4-10 15:10 | |
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Modern Monetary Theory (MMT) vs BTC to be the Main Event of 2020
The biggest global emergency of the century, COVID-19 pandemic has the Treasury officials trying to decide on how much they can spend to fight the novel coronavirus. Before the financial crisis in 2008, people relied on commercial banks to create money, which was in the form of loans. дальше »
2020-3-30 19:00 | |
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Jack Dorsey’s Square Bank Will Open 2021
Bitcoin advocate and Twitter CEO Jack Dorsey just had his application to launch Square Financial Services Inc. approved by the FDIC. This means that the U. S. financial services and mobile payment company whose cash app allows for payments in bitcoin will soon be able to issue loans to commercial merchants. дальше »
2020-3-19 15:30 | |
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China's Guangdong launches blockchain-based financing platform to help SMEs
The Guangdong government in China is in the news after it launched a blockchain-based financing platform on January 2, 2020, to help small companies receive loans at a faster pace from commercial bankThe post China's Guangdong launches blockchain-based financing platform to help SMEs appeared first on AMBCrypto. дальше »
2020-1-3 11:00 | |
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Chinese Speculators Borrow Millions To Invest In Crypto, Says Bank CEO
Chinese speculators are borrowing in droves to take out positions in the bull market, according to one lender. BabelBank, one of the largest commercial crypto banks, has seen a significant increase in speculative borrowing. дальше »
2019-5-29 18:36 | |
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Banking Giant Trials Blockchain for Land-Backed Loans Issuance
The Agricultural Bank of China (ABC), one of the world’s largest banks by total assets, has completed the issuance of a loan worth $300,000 using a blockchain system. The ABC said the blockchain system is deployed among various nodes to facilitate the loan issuance including other commercial banks, the provincial branch of the People’s Bank дальше »
2018-7-31 13:17 | |
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