Tuesday, 02 January 2024 12:17 GMT

Jpmorgan To Enable The Use Of BTC, ETH As Collateral For Loans


(MENAFN- Investor Brand Network) JPMorgan is planning to let institutional clients use their Ether and Bitcoin holdings as loan collateral before the end of this year, signaling another major step in Wall Street's growing acceptance of digital assets.

Crypto industry players like MicroStrategy Inc. (NASDAQ: MSTR) will be pleased with the traction that cryptos are getting in mainstream finance. This is proof of the staying power of...

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