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.
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