'Pet Rock' No More: JPMorgan To Accept Bitcoin, Ethereum As Collateral

By Yahoo! Finance   |   1 month ago
'Pet Rock' No More: JPMorgan To Accept Bitcoin, Ethereum As Collateral

JPMorgan Chase will allow clients to use Bitcoin and Ethereum as collateral for loans, expanding its crypto services in response to growing institutional demand. This move reflects a broader trend of traditional banks integrating digital assets into their core operations amidst regulatory changes.

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