El Salvador wants to give small businesses access to Bitcoin-backed loans

Bitcoin is pushing deeper into the fabric of El Salvador’s economy. The Central American nation is now considering providing low-interest Bitcoin-backed loans to small and micro businesses as one of the next steps of its Bitcoinization. The scheme will cater to the pressing need of small business owners to get fair-priced funding for their enterprises. The post El Salvador wants to give small businesses access to Bitcoin-backed loans appeared first on CoinGape.