Michael Saylor Proposes Rules Letting Banks Custody and Lend Against Bitcoin
- —Saylor proposed banks custody customer bitcoin and lend against it as collateral
- —He urged regulators to treat custody, lending and direct exposure separately
- —Saylor flagged Basel's 1,250% risk weight for Group 2b crypto exposures
- —He also called for a practical path for insurers to hold digital capital
Why it matters: Bank lending against bitcoin would let holders borrow without selling, potentially supporting demand and institutional adoption.
Source: Bitcoin.com