Don’t Let Your Mortgage Meet Your Crypto – The Bank Of Queensland

Source: Cryptodaily.co.uk, originally published on .

https://cryptodaily.co.uk/2018/07/dont-let-your-mortgage-meet-your-crypto-the-bank-of-queensland/.

Don’t Let Your Mortgage Meet Your Crypto – The Bank Of Queensland

As Australian authorities continue to push pressure onto the crypto-sphere, The Bank of Queensland, one of the countries biggest retail banks have decided to make a move which will see a change in the maintenance of their loan agreements. Within this, any loans (including mortgages) that include the involvement of cryptocurrencies will be banned.

What this means is that with The Bank of Queensland, customers will no longer be able to use finances generated through cryptocurrency as collateral against a loan or a mortgage.

Continue reading Don’t Let Your Mortgage Meet Your Crypto – The Bank Of Queensland at Crypto Daily™.

Leave a Reply

Your email address will not be published. Required fields are marked *