BlockFi Quickly Reverses Plan to Stop Accepting GBTC as Collateral

Crypto lending platform BlockFi, after asserting earlier Tuesday that it would no longer accept shares in the Grayscale Bitcoin Trust (GBTC) as collateral for loans, reversed its position later in the day and issued a statement that, “We are not saying that we won’t support GBTC as collateral moving forward.”

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CryptoX Portal

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