Jpmorgan Adopts Crypto as a Loan Guarantee for Its Customers
Summary by CoinTribune
1 Articles
1 Articles
JPMorgan Chase apparently explores a new loan product that allows customers to borrow using their cryptocurrency assets as collateral. According to sources quoted by the Financial Times, the US banking giant is conducting internal discussions to launch crypto-guaranteed loans, potentially starting next year. The project would allow customers to use cryptocurrency such as Bitcoin, Ethereum or even crypto-oriented ETFs as collateral in exchange fo…
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