Riot Repays Coinbase Loan, Ends $200 Million Bitcoin-Backed Facility
Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the lender’s claims on the bitcoin assets pledged to secure the debt. This article first appeared in The Energy Mag. The original article can be viewed here. The Energy Mag (formerly The Miner Mag) provides […]
Key Takeaways
- Riot Platforms (NASDAQ: RIOT) has repaid its outstanding borrowing from Coinbase Credit and terminated a $200 million credit facility, releasing the lender’s claims on the bitcoin assets pledged to secure the debt.
- This article first appeared in The Energy Mag.
- The original article can be viewed here.
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Regulation
Crypto ATM Numbers Fall to 2021 Levels Amid Regulatory Crackdown
According to statistics from the cryptocurrency automated teller machine (ATM) aggregation website, coinatmradar.com, the number of crypto ATMs has dropped considerably over the last 148 days. Current metrics show the number of crypto dispensing machines…
‘Crypto Mom’ Hester Peirce Resigns From SEC Effective Oct 2
Hester Peirce, one of the institution’s most pro-crypto commissioners, announced she is leaving the commission on October 2. Peirce will join the Regent University School of Law as an associate professor in November, leaving her current public policy role.…
Circle Foundation Backs UN Stablecoin Payment Trials For Humanitarian Aid
TL;DR Circle Foundation has announced grants supporting digital-payment projects at the United Nations Development Programme and World Food Programme. The initiatives will examine how regulated payment stablecoins can improve the speed, cost and transparency…