The world's top investment bank JPMorgan Chase suddenly announced that it will launch new services for global institutional clients by the end of this year, 【allowing them to directly use $BTC and $ETH as loan collateral】. This move directly breaks the barriers between traditional finance and crypto assets, marking a significant milestone for the crypto industry. It is worth noting that JPMorgan's CEO had publicly stated that Bitcoin is a scam, yet now he is personally placing Bitcoin and Ethereum alongside mainstream financial assets such as stocks, bonds, and gold as qualified collateral, reflecting a dramatic attitude shift. From the court recognizing the property attributes of crypto assets to the Federal Housing Finance Agency promoting cryptocurrency collateral for home purchases, and now JPMorgan Chase officially entering the field, digital assets are gradually being integrated into the core of the global financial system.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.See T&Cs.