Russian pawnshop operator MGKL Group plans to expand its collateral options by incorporating digital currencies and other digital assets. Initially, the company will offer loans secured by cryptocurrencies, with plans to gradually include a broader range of digital assets. In the medium to long term, MGKL aims to accept tokens, digital collectibles, and virtual economy-related assets, such as in-game items, as collateral.
MGKL Group to Expand Collateral Options with Digital Assets
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