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CRYL Launches Bitcoin-Backed Loan Services, Offering Loans from 1 Million to 1 Billion Yen

2026/07/09 19:31
CoinPost
Written by Enzo
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CRYL Launches Bitcoin-Backed Loan Services, Offering Loans from 1 Million to 1 Billion Yen

Up to 1 Billion Yen in Loans Secured by BTC

CRYL Corporation, a firm specializing in cryptocurrency-backed loans, launched its service 'CRYL' on July 9, which allows users to receive loans in legal tender using Bitcoin as collateral. Without selling the secured BTC, it can be used to raise funds for purposes such as tax payments or business capital. The service accommodates loan amounts from 1 million yen up to a maximum of 1 billion yen. Selling cryptocurrencies like BTC is considered a taxable event and is treated as miscellaneous income...

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Iolite Vol.20

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MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.