NetworkNewsBreaks – IEG Holdings Corp. (IEGH) Intends to Create Cryptocurrency Backed by Gold Metal
Consumer loan provider IEG Holdings (OTCQB: IEGH) is exploring the possibility of creating a cryptocurrency to be backed by gold metal and registered with the SEC as a security. A recent article discussing the company reads: “Consumer loan provider IEG Holdings Corp. (OTCQB: IEGH), through wholly owned subsidiary Investment Evolution Crypto, LLC. (“Crypto”), recently announced its intention to create its own gold metal-backed cryptocurrency that could potentially be utilized when offering loans and accepting loan repayments. While Crypto is in the development planning stages and exploring the opportunities presented by crypto/blockchain technologies, the company is already negotiating to purchase a…







