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Category Babel Finance

Singapore Extends Creditor Protection For Crypto Lender Babel Finance

Singapore Extends Creditor Protection For Crypto Lender Babel Finance

Hong-Kong-based crypto lender Babel Finance which operated out of Singapore has been granted an extension of its creditor protection by a Singapore...
Crypto Lender Babel Finance Gets 3-Month Creditor Protection Extension

Crypto Lender Babel Finance Gets 3-Month Creditor Protection Extension

Babel Finance, a crypto lender, gets a 3-month creditor protection extension until July 21, 2022. Babel plans to pay its $800M debt with a new dece...
Babel Finance Financial Creditor Protection Extension Request Paused

Babel Finance Financial Creditor Protection Extension Request Paused

According to Babel Finance, a Singapore court has deferred making a decision on an extension of creditor protection because it wants more informati...
Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report

Babel Finance Mulls Crypto-Backed Stablecoin to Repay $766M: Report

Hong Kong-based crypto lender Babel Finance is planning on issuing a crypto-backed stablecoin in unison with a decentralized finance (DeFi) platfor...
Babel Finance Plans To Launch Stablecoins To Offset A $766 Million Debt

Babel Finance Plans To Launch Stablecoins To Offset A $766 Million Debt

Key Points: Babel Finance, a cryptocurrency loan firm, is trying to develop a decentralized stablecoin to help consumers overcome massive debt owin...