JUST IN: 🇺🇸 Bank of America will begin issuing credit backed by Bitcoin!

Under the new program, customers will be able to pledge their Bitcoin holdings as collateral to access loans, with the bank confirming that the service will be available to both retail and institutional clients.

The rollout includes loan‑to‑value ratios reportedly ranging between 50–70%, with interest rates set in competitive ranges to attract early adopters. Bank of America stated that the Bitcoin collateral will be held in secure custody arrangements, ensuring compliance with U.S. regulatory standards.

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