JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings

JPMorgan Chase is reportedly exploring the opportunity of lending in opposition to shoppers’ cryptocurrency holdings, marking a big shift within the financial institution’s stance on digital property, in keeping with the FT. This potential coverage change comes as the most important U.S. banks more and more embrace cryptocurrencies, regardless of CEO Jamie Dimon’s earlier criticisms of bitcoin, which he as soon as labeled a “fraud.” […]



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