News list for " brazil plus"

Brazilian crypto exchange Mercado Bitcoin has launched cryptocurrency mortgages

On August 14th, Brazilian cryptocurrency exchange Mercado Bitcoin announced the launch of a lending product with cryptocurrencies as collateral, which will be paid to users in the national currency. This is the first such product launched by the company, which received a payment institution license issued by the central bank last year. To avoid the high risks associated with liquidation, Mercado Bitcoin will limit loans to 30% of the positions held by users of the exchange. The exchange hosts mo...

clock
2024-08-14 06:37:59
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.