CoinDesk reports that Canada is introducing Bitcoin-backed mortgages. Borrowers may face risks of collateral liquidation if Bitcoin prices decline. APX, the company offering these mortgages, claims it will manage property and crypto collateral separately. However, many prospective borrowers remain unaware of the associated costs and risks involved in this new financial product.

AI-assisted source briefing. Based on the CoinDesk RSS report; not independently verified.

Source published: Wed, 28 Oct 2026 21:13:44 +0000

[Read the original report](https://www.coindesk.com/markets/2026/10/28/bitcoin-backed-mortgages-are-coming-to-canada-but-borrowers-are-still-unaware-of-the-cost)

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