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Teachers Mutual Bank, UniBank, Firefighters Mutual ban cryptocurrency lending Loans for buying cryptocurrency are today banned by one of the nation's biggest mutual banks and affiliates amid concerns the highly speculative and volatile billion-dollar market is not in its members "best interests". Teachers Mutual Bank, UniBank and Firefighters' Mutual Bank on Monday announced ...
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Bank rules out cryptocurrency lending As of Monday, 12 March, the bank will not lend money to borrowers when the purpose involves cryptocurrency. Speaking to The Adviser, Teachers Mutual Bank's head of thirty-party distribution, Mark Middleton, said that while the bank had had no inquiries for cryptocurrency through the broker channel, ...
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