
Saylor proposes letting banks custody BTC and issue bitcoin-backed loans
- —Saylor proposes banks custody BTC and lend against it under clear rules
- —Insurers should be allowed to hold digital capital on balance sheets and in products
- —He criticizes Basel's 1250% risk weight on crypto exposures and seeks a rethink
- —He projects the digital asset industry could eventually reach $100 trillion
Why it matters: If banks win approval to custody and lend against BTC, holders could access liquidity without selling coins, potentially adding a new source of demand.
Source: PANews