CRYL expands Japan’s Bitcoin lending market with $6.2M loans
The post CRYL expands Japan’s Bitcoin lending market with $6.2M loans appeared on BitcoinEthereumNews.com. Japanese lender CRYL has launched Bitcoin-backed loans ranging from 1 million yen to 1 billion yen, or about $6,200 to $6.2 million. Summary CRYL offers Bitcoin-backed loans from $6,200 to $6.2 million for individuals and businesses across Japan. Borrowers pay annual rates between 3.5% and 7%, with collateral ratios ranging from 40% to 60%. Japan’s Bitcoin credit market is expanding as lenders and securities firms test new collateral products nationwide. The service allows individuals, sole traders and companies to obtain yen without selling their Bitcoin. CRYL began offering the product on July 9, according to its official launch announcement. JUST IN: Japanese lender CRYL launches Bitcoin-backed loans up to $6.2M for individuals and businesses, expanding BTC use in lending and credit markets. $BTC pic.twitter.com/BHtTeH1m4q — Bpay News (@bpaynews) July 10, 2026 CRYL offers loans