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Michael Saylor Proposes Rules Letting Banks Lend Against Bitcoin

News.Bitcoin.com
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Michael Saylor Proposes Rules Letting Banks Lend Against Bitcoin

Michael Saylor wants banks to custody bitcoin and lend against it, giving owners more ways to use their holdings. He also calls for an insurance industry path and a review of the capital rules applied to certain crypto exposures. What Saylor Wants Banks to Offer Bitcoin Owners Bitcoin owners could gain more ways to borrow […]

Key Takeaways

  1. Michael Saylor wants banks to custody bitcoin and lend against it, giving owners more ways to use their holdings.
  2. He also calls for an insurance industry path and a review of the capital rules applied to certain crypto exposures.
  3. What Saylor Wants Banks to Offer Bitcoin Owners Bitcoin owners could gain more ways to borrow […]
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Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.