JPMorgan to Accept Crypto as Loan Collateral ๐จ
JPMorgan Chase is exploring a game-changing move: allowing clients to use Bitcoin and Ethereum as collateral for loans as soon as next year. This signals a major shift in how traditional finance is embracing digital assetsโeven from a bank whose CEO once dismissed Bitcoin as a โfraudโ .
Why this matters:
โ A key step toward mainstream adoption
๐ฆ Signals growing institutional alignment with crypto
๐ JPMorgan plans to work with custodians like Coinbase instead of storing assets directly
