JPMorgan to allow institutional clients to use Bitcoin & Ethereum as collateral

Delaware-incorporated investment banking giant JPMorgan Chase could soon allow institutional clients to use Bitcoin and Ethereum holdings as collateral for loans by the end of the year, according to a Bloomberg report citing people familiar with the matter. JPMorgan’s upcoming program will reportedly enable clients to pledge Bitcoin and Ether directly as security for loans, […] source: https://www.cryptopolitan.com/jpmorgan-allow-bitcoin-eth-as-collateral/