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Crypto

Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost

Bitcoin-backed mortgages are coming to Canada, but borrowers are still unaware of the cost
Image: CoinDesk

Summary

Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.

Source & full coverage: this summary is aggregated from CoinDesk, the original publisher. Read the complete report for full context, data and quotes.

Read the original report at CoinDesk →