Michigan couple uses Bitcoin as collateral for a standard US mortgage without selling their coins
A Michigan-based couple has become the first in the U.S. to use Bitcoin holdings as collateral for a traditional mortgage, facilitated by Better Home & Finance (BETR) and Coinbase (COIN). The loan allows borrowers to avoid liquidating crypto assets, potentially reducing capital gains taxes.
Topics: Better Home & Finance Bitcoin Coinbase Fannie Mae mortgages