Cryptocurrency Lending Service Aims to Expand to Fiat

[kreslik.news]

A cryptocurrency lending platform is campaigning to be allowed to also accept fiat money as collateral, according to a company announcement published in Medium.

ETHLend has begun a licensing process which if successful will allow it to operate in more than 30 countries in Europe, according to the announcement. It also intends to pursue licensing in the US on a state-by-state basis, and in selected countries in Asia.

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ETHLend is a decentralised application on the Ethereum blockchain which offers peer to peer lending. Its stated ... (read more)