JPMorgan plans to allow its institutional clients to use Bitcoin and Ethereum as collateral for loans by the end of the year. This global initiative will rely on third-party custodians to safeguard the pledged cryptocurrencies. The move extends JPMorgan's existing policy of accepting crypto ETFs as collateral.
JPMorgan to Accept Bitcoin and Ethereum as Loan Collateral by Year-End
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.