Mercado Bitcoin, one of the largest Brazil-based cryptocurrency exchanges, has launched a loan product allowing users to receive credit in Brazilian reais secured by crypto collateral. The credits will be limited to 30% of the total held in crypto in the exchange, and liquidations will not be automatically executed, being examined on a case-by-case basis […]
Source: https://news.bitcoin.com/brazilian-crypto-exchange-mercado-bitcoin-launches-flexible-crypto-collateralized-loans/