Coinbase to cease issuing new Bitcoin-backed loans via Borrow service
The service allowed users to borrow up to $1 million with no credit check, provided they posted Bitcoin as collateral.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The service allowed users to borrow up to $1 million with no credit check, provided they posted Bitcoin as collateral.
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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Read on CointelegraphRelated market context
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