Crypto-based Loan

El Salvador has just decided to increase its bet on the blockchain industry, one of the most crypto-friendly economies globally. After recognizing Bitcoin as a legal tender, the country looks to reform its credit market. The government has promoted a strategic partnership with a company specializing in crypto loans. Understanding the implications of this decision can be tricky, and this article aims to shed some light on the subject. Shaking up the credit market The National Commission for Micro and…