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    Coinbase Shutters Bitcoin Backed Loans Starting May 10

    Coinbase Shutters Bitcoin Backed Loans Starting May 10

    Summary: Coinbase users will no longer be able to borrow up to $1 million using Bitcoin as collateral. The crypto exchange plans to shut down its Borrow program starting May 10, 2023, due to insufficient demand for the product. Wednesday’s decision also comes amid a tussle between U.S…
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