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According to the Detroit Free Press, the Pontiac-based lender could start accepting one or more cryptocurrencies later this quarter or within the fourth quarter.
“I think we’re starting with Bitcoin, but we’re looking at Ethereum and others,” Ishbia told the Free Press. “We’re going to walk before we run, but at the same time, we are definitely a leader in technology and innovation, and we are always trying to be the best and the leader in everything we do.”
Ishbia also noted that, while that’s the plan, there are no guarantees as they are “still working through some details.”
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