Fees, collateral give DeFi edge as TradFi eyes crypto loans: 1inch exec

JPMorgan Weighs Crypto-Backed Loans in Shift From Dimon’s Skepticism

The post JPMorgan Weighs Crypto-Backed Loans in Shift From Dimon’s Skepticism appeared on BitcoinEthereumNews.com. JPMorgan Chase is studying a plan to let wealthy clients borrow against their cryptocurrency holdings, including Bitcoin and Ethereum, as soon as next year, the Financial Times reported, citing people familiar with the discussions JPMorgan Chase is studying a plan to let wealthy clients borrow against their cryptocurrency holdings, …

Fees, collateral give DeFi edge as TradFi eyes crypto loans: 1inch exec

The post Fees, collateral give DeFi edge as TradFi eyes crypto loans: 1inch exec appeared first on Daily Truth Report • DailyTruthReport.com.

JPMorgan Explores Crypto Loans After GENIUS Act

The ink has barely dried on the GENIUS Act, but it is already pushing big banks toward digital assets. JPMorgan Chase is reportedly exploring the idea of letting clients use cryptocurrency as collateral for loans, showing a clear change in how the U.S. banking sector may engage with crypto moving forward. The JPMorgan crypto loan program is still in testing, but it could mark a major shift in how banks engage with digital assets. From Law to Tes…