🚀 JPMorgan Eyes Crypto-Backed Loans Despite Dimon's Bitcoin Skepticism
JPMorgan Chase is reportedly exploring crypto-backed loans as part of its broader push into digital assets, including stablecoins. The banking giant is working on collateralized lending products tied to cryptocurrencies, according to sources cited by the Financial Times.
Interestingly, CEO Jamie Dimon's past criticisms of $BTC may have alienated some potential crypto clients. Despite his personal views, JPMorgan continues expanding its blockchain and digital currency initiatives.
The move signals growing institutional interest in crypto financial services, even among traditional banks with cautious leadership.
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