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JPMorgan Chase now lets clients use Bitcoin and Ether as loan collateral, boosting crypto’s role in mainstream finance.
JPMorgan Chase is expanding its crypto services by permitting clients to use Bitcoin and Ether as collateral for loans, marking a significant step toward mainstream financial integration of digital assets.
The move, announced by Bloomberg, reflects the bank’s growing involvement in the cryptocurrency space, offering institutional and high-net-worth clients new flexibility in managing their digital holdings.
The initiative underscores increasing institutional acceptance of crypto, though the bank has not disclosed specific terms or rollout timelines.
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JPMorgan Chase ahora permite a los clientes usar Bitcoin y Ether como garantía de préstamos, impulsando el papel de las criptomonedas en la financiación convencional.