Tag: digital asset security device
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Block Earner Introduces Australia’s First Bitcoin-Backed Home Loan
A digital asset fintech in Australia has introduced the country’s first Bitcoin-backed home loan, providing an innovative way for cryptocurrency holders to utilize their digital assets to secure a property deposit. The company, Block Earner, aims to merge traditional financial practices with blockchain technology, offering a unique approach to housing affordability by incorporating inflation-resistant assets…
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Brokers Explore Potential of Crypto-Backed Mortgages in Australia
Brokers in Australia are considering the potential of crypto-backed mortgages following the announcement of plans for the country’s first Bitcoin-backed home loan. Despite the increasing popularity of cryptocurrency in Australia, lenders have been hesitant to accept it as security. However, with the rising popularity of cryptocurrency, a new lending product is on the horizon that…