JPMorgan Chase Explores Issuing Loans Backed by Customer Cryptocurrency

By: theblockbeats.news|2025/07/22 04:52:21
0
Share
copy

BlockBeats News, July 22, JPMorgan Chase is exploring the possibility of using customers' cryptocurrency assets as collateral for loans, marking another sign of one of the largest banks in the U.S. pushing for crypto assets to enter the mainstream financial system. If this policy is ultimately implemented, it will signal a significant shift in JPMorgan Chase CEO Jamie Dimon's stance. Eight years ago, Dimon called Bitcoin a "fraud," stating that it would "eventually blow up" and was only useful for drug dealers and murderers. Insiders revealed that JPMorgan Chase may begin accepting cryptocurrencies such as Bitcoin and Ether as collateral for direct loans as early as next year, but the plan is still subject to change. JPMorgan Chase declined to comment on this matter. (FXStreet)

-- Price

--

You may also like

What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline

Peeling back its smooth trading interface to examine the underlying legal relationships and settlement processes, you will find that this is far from a simple "RWA asset revolution," but rather a complex game of interests involving spot pricing, rights ownership, and the monopoly of underlying custo...

In such a crowded cross-border payment arena, where is the next stop for the future?

Only by stepping into the mud can one have the chance to touch gold.

Why Is Bitcoin Down in 2026? What We Can Learn From 2022

Why is Bitcoin down in 2026? Bitcoin has just recorded its worst first half since 2022, with back-to-back quarterly losses, record ETF outflows, and extreme fear. Here's what history says, how 2026 differs from the last bear market, and the three signals traders should wat

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com