JPMorgan to Accept Crypto as Loan Collateral đš
JPMorgan Chase is exploring a game-changing move: allowing clients to use Bitcoin and Ethereum as collateral for loans as soon as next year. This signals a major shift in how traditional finance is embracing digital assetsâeven from a bank whose CEO once dismissed Bitcoin as a âfraudâ .
Why this matters:
â A key step toward mainstream adoption
đŠ Signals growing institutional alignment with crypto
đ JPMorgan plans to work with custodians like Coinbase instead of storing assets directly