BlockFi will not accept GBTC as collateral anymore: report

Crypto lending firm BlockFi has reportedly decided to stop accepting the Grayscale Bitcoin Investment Trust (GBTC) as collateral. Sources privy to the development told crypto publication The Block that the crypto lender has also unwound its GBTC positions. Other than that, it will also not accept GBTC as collateral – a move ostensibly meant to […]