How JPMorgan’s Bitcoin collateral plan could unlock $20 billion in liquidity

After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to let institution...

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How JPMorgan’s Bitcoin collateral plan could unlock $20 billion in liquidity

Source: CryptoSlate

After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to let institutional clients use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the two top cryptocurrencies by market capitalization, which […]