South Korea stops new cryptographic loans, current directives

The best financial regulator in South Korea has ordered crypto exchanges to suspend new digital asset loan services, citing growing risks and highlighting the need for clear rules. The Financial Services Commission (FSC) said on Tuesday that it had sent letters to the scholarships requesting the suspension of new cryptographic loans until it finishes the … Read more

Divine projects 30K Crypto loans using the global identifier of Sam Altman

The lender of San Francisco Divine Research delivered around 30,000 short-term cryptographic loans not supported since December, using the IRIS digitization platform of the IRIS platform of Sam Altman of OPENAI to check the borrowers. Divine offers loans at less than $ 1,000 in the Stablecoin USDC (USDC), mainly to foreign borrowers who have been … Read more