JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in evaluations

JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when eval...

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JPMorgan to accept Bitcoin ETFs as loan collateral, consider digital holdings in evaluations

Source: CryptoSlate

JPMorgan is set to begin accepting Bitcoin (BTC) exchange-traded funds as collateral for loans, Bloomberg News reported on June 4. The lender also plans to consider digital asset holdings when evaluating a client’s net worth and liquid assets, placing crypto alongside traditional categories such as equities, vehicles, and fine art when assessing lending eligibility. The […]

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