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Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans
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Fidelity Digital says it will allow institutional customers to pledge bitcoin as collateral against cash loans in partnership with Blockfi. The firm’s decision helps bitcoin investors turn their digital holdings into cash without selling. Fidelity’s targeted clients include hedge funds, crypto miners, and over-the-counter trading desks. According to a report that quotes Tom Jessop, the […]The post Fidelity Digital to Accept Bitcoin as Collateral for Cash Loans appeared first on Bitcoin News.
https://news.bitcoin.com/fidelity-digital-to-accept-bitcoin-as-collateral-for-cash-loans/
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