Crypto lenders dial up risk with ‘microfinance on steroids’

Digital asset price boom inspires new ventures making precarious loans despite painful wipeout three years ago
Private equity backers refuse to roll over investments as returns dwindle

Data from investment bank Houlihan Lokey shows 92% opting to cash out
Companies back boomerang CEOs as succession plans falter

Number of returning bosses reaches 10-year high
Stablecoins craze pits central bank against lawmakers in South Korea

Ruling party wants to let companies issue crypto, but Bank of Korea fears capital outflows