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Search results for LTV

Crypto

Bitcoin-backed loans let borrowers raise cash without selling, with rates of 5.8 to 14.18 percent

The market for loans backed by bitcoin, which lets holders borrow cash or stablecoins without selling, is recovering after the 2022 collapse and expanding into mainstream finance. Centralised crypto lending has more than tripled from its late-2023 low, while risks from collateral liquidations and asset management remain key variables. Loan terms hinge on loan-to-value ratios and collateral custody structures. Posted interest rates range from 5.8 percent to 14.18 percent, with additional fees and technical risks to consider.

Finance

Banksalad develops AI controls to prevent financial transaction errors, files three patents

Banksalad has developed technology to control incorrect financial judgments and transaction execution by AI agents and has filed three related patent applications. The system establishes verification procedures to prevent transactions that could disadvantage customers when AI misanalyses product information or makes calculation errors. The technology focuses on execution-target assessment, numerical verification and execution control to address AI hallucination errors. The filings are at the application stage, not patent registration.

Finance

Non-apartment support raises questions over effectiveness of youth future Bogeumjari loan

South Korea has rolled out an annual 3 trillion won Youth Future Bogeumjari Loan to help young people buy their first home, but the response has been muted because its added benefits apply only to non-apartment housing. The product, due to launch in January, offers up to 80 percent LTV for eligible borrowers buying non-apartments priced at 400 million won or less. Experts say the scope may be too narrow and call for broader support.