A major network of pawn shops in Ukraine is launching a new lending service with loans secured by cryptocurrency. With over 300 branches, the pawnbroker plans to offer loans based on the type, amount, and price of crypto collaterals
Founded in November 1992, Skarbnytsya claims to be “the first and largest non-state [network of] pawnshops in Kiev and Ukraine.” According to its website, the company has “millions of customers,” 1,200 employees, and currently operates more than 300 pawn shops, with “the highest standards in the non-bank lending market.”
Full article: https://news.bitcoin.com/pawnshop-network-ukraine-launching-cryptocurrency-secured-loans/