Loans Secured by Cryptocurrency offered in Japan

Cryptocurrency Exchange Market News

Abic Corporation announced its new loan program to offer the clients a loan secured by cryptocurrency starting from June 1. The Tokyo-headquartered company founded in 1973 then explained, “Bitcoin secured loan is a service where [customers] can receive loans using bitcoin as collateral as its name implies, but it is Japan’s first service to receive [crypto-secured] loans in Japanese yen.”

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