crypto lender

Solana-Based Crypto Lending Platform Jet Pivots to Fixed-Rate Term Lending

The project's new model uses an order book to match borrowers and lenders, relying on a market-based mechanism to set interest rates.

Coindesk·2023/06/22 18:50

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Citibank and Swiss SDX Join Forces to Enter the Tokenized Private Equity Market
According to CoinDesk, global banking giant Citi has partnered with the digital asset division of Switzerland's main securities trading platform, SIX Digital Exchange (SDX), to tokenize privately traded shares. This initiative aims to streamline this $750 billion market, which currently relies on PDF files and paper documents. Citi will act as custodian and issuing agent, providing tokenized versions of late-stage, private company equity on SDX's regulated blockchain platform, the Central Securities Depository (CSD) platform.
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IRS Appoints Trish Turner to Lead Its Cryptocurrency Division
After internal restructuring and changes in federal policy led to the departure of key executives, the IRS appointed Trish Turner, a veteran with 20 years of experience, to lead its cryptocurrency division.
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If negotiations fail, the EU will impose tariffs on 100 billion euros of US goods
According to informed sources, if the ongoing trade negotiations fail to produce results satisfactory to the EU, the EU plans to impose additional tariffs on approximately 100 billion euros (equivalent to 113 billion dollars) of American goods. The informed sources said that the proposed retaliatory measures will be shared with member states as early as Wednesday, with consultations lasting a month before the list is finalized. Earlier media reports indicated that the European Commission is expected to share a document with the United States this week in an attempt to initiate negotiations. The EU's proposal is expected to include reducing trade and non-tariff barriers, as well as increasing investment in the United States. Negotiations between the EU and the United States officially began last month, but progress has been minimal, and most of the U.S. tariffs are expected to remain unchanged. The EU stated on Tuesday that the ongoing trade investigation by Trump will increase the amount of goods subject to tariffs to 549 billion euros.