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Weiss Ratings flags major risks with crypto-backed mortgages

  • Weiss analyst cites the risk of the current uncertain macroeconomic situation and the sharp fall in the crypto prices this year.
  • Some market players are offering 100 percent crypto-backed loans without any down payment.

Popular rating agency Weiss Ratings has warned investors to remain careful with crypto-backed mortgage loans owing to the current economic situation in the U.S. This comes as
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