Articles for tag: Backing, Big, Bitcoin, Crypto, Finance, Loans, Safe

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Big Finance Says No to Bitcoin for Backing Loans: Your Crypto Might Not Be as Safe as You Think

In a recent statement, the Depository Trust and Clearing Corporation (DTCC), a key player in the trading landscape, has declared that Bitcoin and other cryptocurrency-based Exchange-Traded Funds (ETFs) will not be recognized as collateral for financial assets. This decision has major implications for investors and the broader cryptocurrency Market, as it affects how these digital ...

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