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Bitcoin just crossed into credit markets — with forced selling built in

Bitcoin has spent years navigating entry into traditional finance as an investable asset. Moody’s latest ratings action shows it is now being admitted as collateral too, but only under terms that can force selling when prices fall fast. On Mar. 31, Moody's assigned provisional Ba2 ratings to up to $100 million in taxable revenue bonds […] The post Bitcoin just crossed into credit markets — with forced selling built in appeared first on CryptoSlate.

Bitcoin just crossed into credit markets — with forced selling built in