Michael Saylor: Major banks such as BNY Mellon and JPMorgan have started issuing loans collateralized by bitcoin.
Jinse Finance reported that Michael Saylor, founder and executive chairman of Strategy, stated that several major banks, including BNY Mellon, Wells Fargo, Bank of America, Charles Schwab, JPMorgan, and Citigroup, have begun issuing credit backed by bitcoin as collateral.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Mergers for Spectrum: Rocket Lab (RKLB.US) targets Iridium Communications (IRDM.US) L-band, CEO says “Spectrum can't be conjured out of thin air”
Rocket Lab (RKLB.US) CEO stated that Iridium Communications' spectrum is the key to the proposed acquisition, and pointed out that SpaceX and Amazon have also made similar investments.
Crypto prices
More
