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

World’s largest bank JPMorgan is now exploring Bitcoin and Ethereum-backed loans, against clients’ crypto holdings. From chief Jamie Dimon calling Bitcoin a “fraud” to now leveraging the asset class for loan instruments, the bank has taken a complete 180-degree turn. This pivot comes amid strong institutional demand for top crypto assets BTC, ETH in recent

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

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