Bank of America has launched a new service offering Bitcoin-collateralized credit loans, enabling Bitcoin holders to access liquidity without selling their assets. This initiative allows clients to use Bitcoin as collateral for cash loans, marking a significant integration of digital assets into traditional finance. Targeted at high-net-worth and institutional clients, the service provides a regulated, institutional-grade alternative to crypto-native lenders, offering enhanced financial flexibility for Bitcoin holders.
Bank of America Introduces BTC-Collateralized Credit Loans
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