Bitcoin-Backed Loans in Pennsylvania
7 of the 7 Bitcoin-backed loan lenders we track serve Pennsylvania, with rates from 7.25% APR. Here is who lends in Pennsylvania, who doesn't, and what each offers.
Pennsylvania's flat 3.07% tax hits every dollar of a Bitcoin sale gain with no long-term discount, which sharpens the case for borrowing against BTC instead of selling. With a legislature that has voted to protect self-custody and no crypto-specific lending license required, Bitcoin-backed loans are broadly available to Pennsylvania residents through lenders licensed to operate in the state.
By Steven Han and Michael Song ·Availability verified September 15, 2026 · Verified daily · rates last changed August 22, 2026 · Pennsylvania tax and regulatory review July 22, 2026
Sell or borrow in Pennsylvania: the tax math
Selling a long-held Bitcoin position in Pennsylvania adds a flat 3.07% state tax on the gain on top of federal capital gains tax, while pledging that same BTC as loan collateral is not a sale and triggers neither.
Pennsylvania levies a flat 3.07% personal income tax and taxes net gains from the sale or exchange of property, including Bitcoin, as ordinary income. There is no preferential long-term capital gains rate and no holding-period distinction, so a large long-held BTC gain is taxed at the same flat 3.07% as a short-term one. Pennsylvania also does not allow capital losses to be carried forward to future years. Philadelphia residents separately owe a city tax on unearned income, but that is a local levy, not the state rate.
Important: not tax or legal advice
The tax and regulatory information on this page is general information, not tax, legal, or investment advice, and the rates shown are illustrative top-of-schedule figures, not a calculation of what you personally would owe. borrowonbitcoin.com is published by Sypher Capital; we are a publisher and affiliate referral source, not a lender, broker, registered investment advisor, tax preparer, or law firm. The state and federal figures here are compiled from public sources, including IRS Revenue Procedures, state departments of revenue and taxation, state statutes, and the Tax Foundation, and are current only as of the tax year shown; the sources are linked at the foot of this page. Tax and licensing law change, sometimes mid-year, and how any of it applies to you depends on your income, filing status, residency, cost basis, holding period, local taxes, and other facts this page does not capture, so your actual result can differ materially. The tax treatment of Bitcoin-backed loans is itself unsettled and still developing. Borrowing against Bitcoin carries its own risks, including forced liquidation of your collateral. Lender availability and a state's rules can both change; confirm current eligibility with the lender, and confirm your own tax situation with a CPA or qualified tax professional, before acting on anything here.
Pennsylvania tax and regulatory facts for the 2026 tax year, last reviewed July 22, 2026. Sources are listed at the foot of this page.
Lenders available in Pennsylvania
| Lender | APR | Max LTV | Custody | Eligibility note | Review |
|---|---|---|---|---|---|
 Arch | APRfrom 7.25% | Max LTVup to 60% | CustodyQualified custodian | From $5,000 | Learn More |
 SALT | APRfrom 7.49% | Max LTVup to 70% | CustodyLender-held | From $5,000 | Learn More |
 Strike | APRfrom 7.75% | Max LTVup to 50% | CustodyLender-held | From $10,000 | Learn More |
 Ledn | APRfrom 9.25% | Max LTVup to 50% | CustodyQualified custodian | From $1,000 | Learn More |
 Figure | APRfrom 9.76% | Max LTVup to 75% | CustodyLender-held | From $5,000 | Learn More |
 APX Lending | APRfrom 9.99% | Max LTVup to 60% | CustodyQualified custodian | US loans paid in USDC · $25k min | Learn More |
 Unchained | APRfrom 14.18% | Max LTVup to 50% | CustodyCollaborative multisig | Commercial only · entities · $150k min | Learn More |
Estimate your rate in Pennsylvania
Borrowing $100,000 against 2.63 BTC ($200,000) is 50% LTV. BTC reference ≈ $76,000.
6 lenders serve Pennsylvania at this size and LTV, lowest effective APR first. Effective APR includes origination fees.
SALTLowest APRFigureArchAPX LendingStrikeLednWhy lender coverage looks the way it does in Pennsylvania
Act 7 of 2025 (Senate Bill 202), signed June 27, 2025, brought virtual currency under Pennsylvania's Money Transmitter Act, requiring businesses that exchange or transmit crypto for a fee to license through the NMLS. That regime targets transmitters and exchanges rather than collateral lending specifically, and Pennsylvania has no dedicated crypto consumer-lending statute. Availability of Bitcoin-backed loans is therefore broadly nationwide, subject to each lender's own multistate licensing rather than a Pennsylvania crypto-lending license.
Bitcoin and crypto in Pennsylvania
Pennsylvania's legislature has been actively engaged on Bitcoin.
Pennsylvania bitcoin law & policy tracker (2026)
Last reviewed · Reviewed quarterly
Pennsylvania's House passed a bitcoin rights bill 176 to 26 and it still did not become law. That gap between support and statute is the whole Pennsylvania story.
The docket
- Passed the House 176-26, died at session endHB 2481 (2024)
Bitcoin Rights bill
Would have protected self-custody, node operation and home mining. The House passed it in October 2024 by 176 to 26, a margin that crosses every line a Pennsylvania bill can cross.
It then died when the session ended without Senate action. A bill can command an overwhelming majority in one chamber and still expire on the calendar, and this is the clearest example of it in this tracker series.
- Introduced, died at session endHB 2664 (2024)
Strategic Bitcoin Reserve Act
Would have allowed allocating state funds to bitcoin. Introduced in the same session and also expired.
No link: the Pennsylvania bill-info system indexes by session year and chamber, and the reference could not be confirmed to this bill on 2026-08-27. An unlinked number beats a citation that resolves to something else.
Separately, the 2025 money-transmitter update added licensing clarity rather than restrictions on holding or using crypto. It is the only crypto-adjacent change here that actually took effect.
Tax and lending
Pennsylvania applies a flat 3.07 percent to capital gains, one of the lower rates among states that tax income at all. The state cost of a sale is real but modest, so the case for borrowing leans more on the federal bill than it does in a high-rate state.
Nothing on the docket above would have changed lending. There is no crypto-specific consumer lending regime, so availability turns on each lender's own multistate licensing. All seven lenders we track serve Pennsylvania.
Legislative status is current as of August 27, 2026 and re-checked quarterly. Bills move, take effect, and die between reviews, so confirm anything you plan to act on against the primary sources linked above and at the foot of this page. This is information, not legal or tax advice.
Lender availability above reflects each lender's stated state coverage, which we verify daily. This page is information, not legal or financial advice, and a lender's coverage or a state's rules can change, so confirm current eligibility with the lender when you apply.
Frequently asked
How is a Bitcoin sale taxed in Pennsylvania versus borrowing against it?
Selling Bitcoin is taxed by Pennsylvania at its flat 3.07% rate on the gain, with no preferential long-term rate and no loss carryforward, on top of federal capital gains tax. Taking a loan secured by your Bitcoin is not a sale, so it does not trigger Pennsylvania income tax or federal capital gains tax.
Does Pennsylvania's 2025 crypto law affect getting a Bitcoin-backed loan?
Act 7 of 2025 brought crypto exchange and transmission under Pennsylvania's Money Transmitter Act licensing, but that regime is aimed at transmitters and exchanges, not collateral lenders specifically. Whether a given lender serves Pennsylvania depends on its own state licensing, not a Pennsylvania crypto-lending license.
What state tax rate applies to my Bitcoin gains in Pennsylvania?
Pennsylvania applies a single flat 3.07% rate to net gains from selling or exchanging property, including Bitcoin, taxed as ordinary income with no separate long-term capital gains bracket.
Can I get a Bitcoin-backed loan in Pennsylvania?
Yes. 7 of the Bitcoin-backed lenders we track serve Pennsylvania, with starting rates from 7.25% APR. They include Arch, SALT, Strike, Ledn, and others.
Which lenders offer Bitcoin-backed loans in Pennsylvania?
Arch, SALT, Strike, Ledn, Figure, APX Lending, Unchained all serve Pennsylvania according to their stated coverage, which we verify daily.
Are any Bitcoin loan lenders not available in Pennsylvania?
No. Every Bitcoin-backed loan lender we track serves Pennsylvania.
Bitcoin loans in nearby states
New to this? How Bitcoin-backed loans work covers LTV, margin calls, and custody before you compare rates in Pennsylvania.
Sources
- Pennsylvania's personal income tax rate is a flat 3.07%. · pa.gov
- Pennsylvania taxes net gains from the sale or exchange of property as ordinary income with no long-term rate and does not allow gains or losses to be carried to other tax years. · pa.gov
- Act 7 of 2025 brought virtual currency under Pennsylvania's Money Transmitter Act, requiring crypto transmitters to be licensed. · pa.gov
- The Pennsylvania House passed a Bitcoin Rights bill and lawmakers proposed a Strategic Bitcoin Reserve. · forbes.com
- Pennsylvania HB 2481 (2024), Bitcoin Rights bill · legis.state.pa.us
- Pennsylvania Department of Banking and Securities · dobs.pa.gov
Cite this data
Bitcoin-backed loan availability in Pennsylvania: 7 of 7 tracked lenders serve the state, from 7.25% APR. borrow/on/bitcoin, verified September 15, 2026. https://borrowonbitcoin.com/bitcoin-loans/pennsylvania
Free to cite with attribution and a link. Media inquiries welcome.
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