Lending

Bitcoin-backed lending is reported to be entering its institutional era, according to Two Prime.

Hester Peirce, known as 'Crypto Mom', warned crypto vault builders against manipulating securities law, stating they would face consequences if they do. She clarified that onchain vaults and lending may fall under the SEC's jurisdiction.

Ukraine's parliament is extending a 50% windfall tax on bank profits for the third time, causing tension between tax chief Danylo Hetmantsev and the National Bank. The National Bank warns the tax will harm lending, while independent economists argue it replaces stalled reforms.

The UK government has deferred capital gains on certain cryptocurrency transactions using a 'no gain, no loss' approach. This tax policy change affects approximately 700,000 people and applies to the disposal of crypto in lending and liquidity pools.

Japanese lender CRYL is offering Bitcoin-backed loans of up to $6.2 million to individuals and businesses as Japanese firms explore broader uses for Bitcoin in lending and credit markets.

A banks' survey indicates that people are hesitant to take risks with stablecoin yields that could disrupt lending. The findings suggest caution around potential financial instability from stablecoin-related lending practices.

A user withdrew funds from AAVE due to safety concerns, noting others are avoiding deposits amid a $292M or $199M debt issue. The community is uncertain about when it will be safe to lend on the platform again.

Czech Premier Andrej Babis criticizes the Czech Central Bank's interest rates for hindering lending. The dispute highlights tensions between economic policy and financial regulation.