BlockBeats news, July 22, JPMorgan is exploring the possibility of issuing loans secured by customers' cryptocurrency assets, which is another sign that one of the largest banks in the U.S. is pushing crypto assets into the mainstream financial system. If this policy is ultimately implemented, it will mark a significant shift in the stance of JPMorgan CEO Jamie Dimon. Eight years ago, Dimon referred to Bitcoin as 'a fraud,' claiming it 'will ultimately blow up' and is only useful to drug dealers and murderers. Insiders have revealed that JPMorgan could start accepting cryptocurrencies like Bitcoin and Ether as collateral for direct loans as early as next year, although the plans may still change. JPMorgan declined to comment on this. (Jin Shi)

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