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Cryptopolitan 2024-04-27 09:15:27

Bad news!!! DTCC cuts Bitcoin ETF collateral by 100%

The Depository Trust & Clearing Corporation (DTCC), which handles the settlement of most securities transactions in the United States, has announced changes to collateral valuation that will be implemented starting April 30, 2024. DTCC has made it clear that it will not provide collateral or extend loans for exchange-traded funds (ETFs) that involve Bitcoin or

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