Trends-UK

JPMorgan to accept Bitcoin, Ether as loan collateral – report (JPM:NYSE)

subman/iStock Unreleased via Getty Images

JPMorgan Chase & Co. (NYSE:JPM) is reportedly preparing to let institutional clients use their Bitcoin (BTC-USD) and Ether (ETH-USD) holdings as collateral for loans by year-end.

The global program will use a third-party custodian to hold the pledged tokens, Bloomberg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button