California’s unique Bitcoin-backed housing loan refinancing transaction by Cointelegraph

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California’s unique Bitcoin-backed home loan refinancing transaction

Glen Oaks Escrow, one of the largest independent custody companies in Southern California, has announced its first real estate refinancing through a loan backed by Bitcoin.

The company said that this is the first time that collateral has been used to complete the refinancing.On July 28 announcement It added that it had previously facilitated many real estate transactions that used BTC as a payment method.

Continue reading Coin Telegram

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