JPMorgan Chase Opens the Door to Crypto-Backed Loans Using Bitcoin and Ethereum

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TL;DR JPMorgan now lets select clients use Bitcoin and Ethereum as collateral for certain loans, extending its crypto integration beyond exchange-traded products. The program is currently limited to the bank’s trading business, with specifics on loan terms, eligibility, margin requirements and risk controls still limited.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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