The responsibility behind a crypto lender’s asset listing By Cointelegraph
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© Reuters. These institutions are between the consumers and unregulated crypto-based spaces. Because of this, they have a unique position in the world of cryptocurrency lending. ResponsibilityThey are responsible for their customers as well as the assets they serve. When choosing currencies to support, lenders must tread carefully. It is a difficult dance between serving the public and creating cryptocurrencies that will be sustainable, useful, and safe.
It’s unsurprising that in a nascent industry full of new investors, a lender’s asset integration is often taken for endorsement. What tends to be overlooked when companies add new assets to their range of services is that crypto lending is, in fact, a business, and any asset integration is ultimately a response to demand — a good market opportunity that generates gains for business and clients, alike. This could be because lenders are influential entities in an industry that historically hasn’t had the institution stamp of approval. They look for this through pioneering companies shaping the sector.
Magdalena HristovaNexo’s public relations manager. Her penchant for writing, natural curiosity and ability to create ripples in established industries led her to work as a copywriter before moving on into communication in crypto.
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