Bank of America is now accepting Bitcoin as collateral for loans, an important step in integrating digital assets into traditional banking. The bank's new offering allows customers to secure loans against their holdings in $BTC , with loan-to-value ratios ranging from 50% to 70%. The collateral is safeguarded through FDIC-insured custody solutions, addressing volatility and security concerns, providing borrowers access to liquidity without selling their cryptocurrency.

BTC

88,655.81

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They have joined several major U.S. banks that offer Bitcoin-backed loans ‐ now reflecting the growing demand for crypto-backed credit. The move gives customers new ways to unlock liquidity while staying in their digital assets, signaling the bank's intention to expand its role in the rapidly evolving cryptocurrency market.

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