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JPMorgan to accept Bitcoin and Ethereum as collateral – TON BOT

JPMorgan to accept Bitcoin and Ethereum as collateral

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JPMorgan plans to allow institutional clients to use Bitcoin and Ethereum as loan collateral by the end of the year, reflecting a growing trend of mainstream banks embracing crypto assets. This move could increase liquidity in the market and provide flexible financing options for investors. JPMorgan’s CEO has previously been skeptical of cryptocurrency but appears to be shifting towards supporting it. Additionally, JPMorgan has shown interest in stablecoin developments and may launch its own stablecoin in the future.

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