crypto-backed loans - FinTecBuzz

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Celsius launches crypto-backed loans in California at 0% APR

Crypto Currencies

Celsius launches crypto-backed loans in California at 0% APR

August 17, 20214 min

Celsius, the leading global cryptocurrency earning and borrowing platform, announced today the opening of its retail-lending services to customers in California. Earlier this month, Celsius received its Finance Lender license in California, enabling the company to expand its operations in the state and provide Californians with even more industry-leading financial tools. Currently, borrowers in California can request a Celsius loan issued in USD and stablecoins against 39 cryptocurrencies at 0% APR (25% LTV). With a minimum request amount of...

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