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

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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




