JPMorgan to Accept Bitcoin as Collateral by Year!End
According to people connected to JPMorgan, the bank plans to accept bitcoin as loan collateral by the end of 2025.
JPMorgan Chase will allow its clients to use Bitcoin and Ethereum as collateral for loans, with a third-party custodian safeguarding the pledged assets.
- The new program will be rolled out globally.
- Clients will be able to borrow against their direct crypto holdings.
- The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral.
The shift could make it easier for institutions to access liquidity without selling long-term digital asset positions.
This development represents a broader acceptance of digital assets across the financial sector.
Author's summary: JPMorgan to accept Bitcoin as collateral soon.
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