Exchanges· ★★★· bullish·

Saylor: banks will start bitcoin-backed lending without Congress

  • Saylor: bank lending backed by BTC does not require new laws
  • Deutsche Bank awaits a MiCA license for BTC and ETH custody by year-end
  • The topic is unrelated to the CLARITY Act, whose failure does not block such products
Why it matters: The signal of banks entering bitcoin-backed lending expands institutional demand and reduces the market's reliance on legislative initiatives.
Source: Google News (crypto query)