JPMorgan Now Accepts Bitcoin and Ethereum as Loan Collateral

Global banking giant JPMorgan Chase has begun allowing its institutional clients to use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans, according to a Bloomberg report. This landmark decision represents a significant step toward cryptocurrency integration within traditional finance. The new collateral service is currently available to JPMorgan's institutional clients through its blockchain-based collateral settlement system. This development signals growing institutional acceptance of major cryptocurrencies and could potentially unlock billions in digital asset value for traditional lending markets.