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π₯ RESEARCH: SMEs are the backbone of Europe, but banks usually reject them.
SME lending in the EU fell 40β50% after Basel III tightened capital rules, then dropped another 12% since 2023. The result is a β¬39B annual funding shortfall that is being filled by non-bank lenders through floating-rate debt that punishes SMEs when rates rise.
This opens a real opportunity onchain for retail-accessible SME lending.
Deep dive here π
https://s3.cointelegraph.com/reports/8lends_report.pdf
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SME lending in the EU fell 40β50% after Basel III tightened capital rules, then dropped another 12% since 2023. The result is a β¬39B annual funding shortfall that is being filled by non-bank lenders through floating-rate debt that punishes SMEs when rates rise.
This opens a real opportunity onchain for retail-accessible SME lending.
Deep dive here π
https://s3.cointelegraph.com/reports/8lends_report.pdf
News | Markets | YouTube
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πΊπΈ BULLISH: The Federal Law Enforcement Officers Association endorsed the CLARITY Act, marking its second major law enforcement backing.
Read more: https://cointelegraph.com/news/clarity-act-gains-second-law-enforcement-endorsement-before-senate-push
News | Markets | YouTube
Read more: https://cointelegraph.com/news/clarity-act-gains-second-law-enforcement-endorsement-before-senate-push
News | Markets | YouTube
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