JPMorgan Chase, the world’s largest bank, is planning to offer loans to clients using Bitcoin and Ethereum as collateral, marking a significant shift in its stance on cryptocurrency. This move comes after CEO Jamie Dimon previously called Bitcoin a “fraud” and threatened to fire traders who dealt with it. The bank’s about-face is likely driven

The post Breaking: JPMorgan Explores Bitcoin, Ethereum-backed Loans in Jamie Dimon’s 180-degree Shift appeared first on CoinGape.

Share To:
Next
This is the most recent post.
Previous
Older Post

CoindeskCrypto

Post A Comment:

0 comments so far,add yours

Breaking: JPMorgan Explores Bitcoin, Ethereum-backed Loans in Jamie Dimon’s 180-degree Shift

JPMorgan Chase, the world’s largest bank, is planning to offer loans to clients using Bitcoin and Ethereum as collateral, marking a signific...