JPMorgan Provides $100M Financing Facility for Blockchain Mortgage Platform Figure
The facility covers both conforming and jumbo mortgages – loans in excess of the traditional lending restrictions. Source
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Figure
Blockchain Bites: Figure Files for Banking Charter, Cred for Bankruptcy
Cred is the first U.S. crypto lender to file for bankruptcy in the country. Ripple is opening regional headquarters in the Middle East. President-elect Joe Biden’s incoming administration appears to be courting at least two pro-crypto political actors for cabinet positions.Top shelfBankruptcy filingCrypto lender Cred filed for bankruptcy protection this
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Blockchain-Based Lender Figure Technologies Applies for US National Bank Charter
If granted, the charter would replace the blockchain-based lender's hodgepodge of state licenses with a single nationwide regulator. Source
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Key Government Figure Says Japan Needs a Digital Yen — and Fast
Even amid the financial turmoil caused by the coronavirus outbreak, countries are continuing to consider the adoption of a central bank digital currency (CBDC).In an exclusive interview with CryptoX Japan, Kozo Yamamoto, Liberal Democratic Party (LDP) Member of the House of Representatives and a former official at the Ministry
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Former Coinbase COO Joins Blockchain-Based Lending Firm Figure
Asiff Hirji, the former president and chief operating officer of Coinbase, is the new president of Figure Technologies, the blockchain-based lending firm backed by Morgan Creek Digital.Figure announced Hirji's addition Wednesday, saying the longtime financial executive will oversee the company's growth. Figure CEO Mike Cagney said in a statement that
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Anthony Pompliano Joines Board of Figure as Firm Closes $103M Round
A blockchain-powered financial services startup Figure Technologies founded by former SoFi CEO Mike Cagney, announced it has closed a $103 million Series C round. But, that is not all folks. It has also added Morgan Creek Digital’s Anthony “Pomp” Pompliano, one of the sector’s most vigorous supporters, to its board.That’s
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