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Bitcoin: Homeowners Take Out Mortgages to Buy in

in Daily Dose, Data, Headlines, News December 12, 2017 2,167 Views

Bitcoin has hit the "mania" phase—with some people reportedly borrowing money to buy into the new craze. In an interview with Joseph Borg, President of the North American Securities Administrators Association, he told CNBC, "We've seen mortgages being taken out to buy bitcoin."

Innovation in technology always outruns regulations: Joseph Borg from CNBC.

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About Author: Nicole Casperson

Nicole Casperson is the Associate Editor of DS News and MReport. She graduated from Texas Tech University where she received her M.A. in Mass Communications and her B.A. in Journalism. Casperson previously worked as a graduate teaching instructor at Texas Tech's College of Media and Communications. To contact Casperson, e-mail: [email protected].
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