Exchanges· ★★· bullish·

Arch Lending Backs Community Bitcoin Reserve in Chicago

  • —Arch Lending will match the Bitcoin holdings of Chicago's Altgeld Bitcoin Reserve
  • —The reserve was founded in early 2025 by Altgeld Gardens resident Tolbyus Shephard
  • —The Illinois House recognized ABR as the first community-run Bitcoin reserve in the U.S. on Oct. 14, 2025
  • —Reserve rules prohibit speculative trading, lending, leverage and private withdrawals
Why it matters: The initiative could become a template for community-governed Bitcoin reserves in other U.S. cities.
#BTC
Source: Cryptonews.net
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