Bitcoin and Ethereum will be used as loan collateral at JPMorgan

After years of tension between crypto and traditional finance, a symbolic change is taking shape within the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to allow institutional clients to use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the top two cryptocurrencies by market capitalization, … Continue reading Bitcoin and Ethereum will be used as loan collateral at JPMorgan