Already a multi-billion dollar industry supported by a trillion dollar asset class, Bitcoin-backed loans and other secured lending arrangements involving crypto assets continue to grow in variety, scope, and access, and offer borrowers access to capital that, as with traditional lending arrangements, can be used to finance businesses, homes, cars, and other personal property.
CAPL Advocacy: BCFSA’s Mortgage Services Forbearance & What Changes and What Does Not
CAPL raised two issues with BCFSA: exempt market dealer exemptions and Form 5 lender disclosure requirements. BCFSA has responded with
