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Digital gold and silver may be up for P2P lending soon

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Published Tue, Aug 9, 2016 · 09:50 PM

Singapore

PEER-TO-PEER (P2P) lending in Singapore could soon be extended to cryptocurrencies, if a unique partnership between vault operator Silver Bullion and a gold-backed digital currency seller is inked.

This brings a new dimension to an emerging form of crowdfunding - as rights to physical assets are used as a means to get loans - which could pique interest among those who fear a collapse in the financial system.

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