Crypto for a home? Coinbase brings token-backed down payments to housing market

Crypto for a home? Coinbase brings token-backed down payments to housing market | Reuters Skip to main content "This product is designed to work within the safeguards of the existing mortgage system, including how risk like asset volatility is managed," Kara Calvert, head of U.S. policy at Coinbase, told Reuters. However, the approach adds complexity and leverage to an already expensive purchase. In effect, buyers would be wagering that preserving crypto exposure justifies taking on a second loan alongside ...