10-11-2020 18:20 via uk.finance.yahoo.com

OakNorth rules out cryptocurrency loans

The head of one of Britain’s biggest fintechs has ruled out offering loans based on cryptocurrencies. Rishi Khosla, the co-founder and chief executive of lender OakNorth, played down any future involvement in the digital currencies. When asked about crypto loans at the Telegraph’s Technology Intelligence Live conference on Tuesday, Khosla said: “Not any time in the near future”. The OakNorth chief said he described himself as a “traditionalist” while ruling ou
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