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JPMorgan will allow the use of Bitcoin and Ethereum as collateral for loans before the end of the year
From enemy to financial ally. The banking giant JPMorgan Chase plans to allow its institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans before the end of 2025, according to Bloomberg. The move marks a turning point in Wall Street's relationship with cryptocurrencies and reflects a tangible advance in the integration of the traditional sector with the digital ecosystem. From ETFs to physical cryptocurrencies The program to be implemented globally will allow financial institutions to directly use their holdings in BTC and ETH as collateral for loans.
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