Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)

After years of bashing and criticizing bitcoin and the rest of the cryptocurrency market, Jamie Dimon’s JPMorgan Chase & Co. appears a lot more positive toward the industry, and the latest push will reportedly allow institutional clients to use BTC and ETH as collateral for loans.
The Bloomberg report indicated that the crypto-related program will be offered globally and will rely on a third-party custodian to safeguard the assets.
Jamie Dimon’s JPMorgan Embraces Crypto: BTC and ETH to Be Used as Collateral (Report)

After years of bashing and criticizing bitcoin and the rest of the cryptocurrency market, Jamie Dimon’s JPMorgan Chase & Co. appears a lot more positive toward the industry, and the latest push will reportedly allow institutional clients to use BTC and ETH as collateral for loans.
The Bloomberg report indicated that the crypto-related program will be offered globally and will rely on a third-party custodian to safeguard the assets.

