What are crypto-backed mortgages, and how do they work?

by Aurelia Butler 15 August 2023, 10:00 109 Views

The volatility of cryptocurrencies, which can cause significant swings in the value of the collateral during the loan term, is one fundamental cause for concern. These market fluctuations could result in margin calls, forcing borrowers to increase their collateral or risk liquidation.

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Source: Cryptocurrency - investing.com

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What are crypto-backed mortgages, and how do they work?

The ‘internet’s favorite underwear’ goes mainstream: Gen Z brand Parade agrees to be bought

A million interest only mortgages come under UK watchdog scrutiny

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