{"id":586559,"date":"2026-04-20T12:53:26","date_gmt":"2026-04-20T12:53:26","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/04\/20\/coinbase-rolls-out-uk-crypto-backed-loans-as-fca-shapes-rules\/"},"modified":"2026-04-20T12:53:26","modified_gmt":"2026-04-20T12:53:26","slug":"coinbase-rolls-out-uk-crypto-backed-loans-as-fca-shapes-rules","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/04\/20\/coinbase-rolls-out-uk-crypto-backed-loans-as-fca-shapes-rules\/","title":{"rendered":"Coinbase rolls out UK crypto-backed loans as FCA shapes rules"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjYtMDQvMDE5ZGFhM2QtMWFjNy03ZDAyLWI4MDYtNTNhODU3M2NkZDc1LmpwZw==.jpg\" alt=\"Coinbase rolls out UK crypto-backed loans as FCA shapes rules\" class=\"type:primaryImage\" \/><\/p>\n<p>Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime.<\/p>\n<p>Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The loans are issued through Morpho, a lending protocol on Base.<\/p>\n<p><a title=\"https:\/\/www.coinbase.com\/blog\/uk-users-can-now-borrow-usdc-against-their-crypto-holdings\" href=\"https:\/\/www.coinbase.com\/blog\/uk-users-can-now-borrow-usdc-against-their-crypto-holdings\" target=\"_blank\" rel=\"nofollow noopener\">According<\/a> to a Monday announcement, users can borrow up to $5 million in USDC (<a title=\"\/usdc-price-index\" href=\"https:\/\/cointelegraph.com\/usdc-price-index\" target=\"_blank\" rel=\"nofollow noopener\">USDC<\/a>) with Bitcoin (<a title=\"\/bitcoin-price\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" target=\"_blank\" rel=\"nofollow noopener\">BTC<\/a>)-backed loans, depending on how much collateral a user pledges. Coinbase said interest rates are variable and set by Morpho based on market conditions on Base, suggesting that borrowing costs can change frequently. <\/p>\n<p>The exchange said there is no fixed repayment schedule, but borrowers face liquidation risk if the loan-to-value ratio exceeds specific thresholds.\u00a0<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/news\/coinbase-crypto-backed-usdc-loans-uk-morpho-fca-rules\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Coinbase launched USDC loans for UK users backed by BTC, ETH and cbETH, expanding its borrowing product as Britain moves toward a crypto regulatory regime. Crypto exchange Coinbase has rolled out crypto-backed USDC loans for users in the United Kingdom, allowing users to borrow USDC against Bitcoin, Ether and Coinbase Wrapped Staked Ether (cbETH). The [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":586560,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-586559","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/586559","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=586559"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/586559\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/586560"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=586559"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=586559"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=586559"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}