Binance unveils institutional loans and appoints new head for Europe and UK

Binance Exchange launched Institutional Loans, offering up to $10M in USDT or USDC with up to 4x leverage and potential zero interest, secured against assets like BTC, ETH, SOL and BNB, according to U.Today. The service targets VIP 5+ and corporate clients, enabling cross-collateralized borrowing across accounts. Binance also named Gillian Lynch, formerly of Gemini Exchange and the Central Bank of Ireland, as Head of Europe and UK to lead operations and regulatory engagement in the region.

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