JPMorgan to Allow Institutional Clients to Use Bitcoin & Ethereum as Collateral

Investment banking firm JPMorgan Chase plans to permit institutional clients to pledge Bitcoin and Ethereum holdings as collateral for loans. The program is set to launch by the end of the year, according to reports. The initiative will operate globally and rely on third-party custodians to hold the pledged digital assets. This expansion builds on […] Read The Full Article JPMorgan to Allow Institutional Clients to Use Bitcoin & Ethereum as Collateral On Coin Edition.