Valentina
Wed Dec 11 2024
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6 answers
1440
Can a trust lend money?
I am wondering if a trust, as a legal entity, has the capability to lend money to others. Is this allowed under the law, and if so, what are the implications and considerations when a trust engages in lending activities?
InfinityEcho
Sat Oct 05 2024
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6 answers
1423
Did Goldman Sachs lend money backed by Bitcoin?
Excuse me, I was reading an article recently that mentioned Goldman Sachs possibly getting involved in lending money that was backed by Bitcoin. Can you clarify if this is indeed true? If so, could you elaborate on how the process works? Are there any specific risks or benefits associated with this type of lending? Furthermore, how does Goldman Sachs' involvement in this space compare to other financial institutions? I'm particularly interested in understanding the potential impact on the broader cryptocurrency market.
