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Benzinga
Benzinga
Business
Parshwa Turakhiya

'Pet Rock' No More: JPMorgan To Accept Bitcoin, Ethereum As Collateral

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JPMorgan Chase & Co. (NYSE:JPM) will allow institutional clients to use Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) as collateral for loans, marking a major shift in how Wall Street's largest bank integrates digital assets into its core lending operations, according to Bloomberg.

JPMorgan Expands Crypto Collateral Program

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