JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings

JPMorgan Chase is reportedly exploring the anticipation of lending against clients’ cryptocurrency holdings, marking a important displacement successful the bank’s stance connected integer assets, according to the FT. This imaginable argumentation alteration comes arsenic the largest U.S. banks progressively clasp cryptocurrencies, contempt CEO Jamie Dimon’s erstwhile criticisms of bitcoin, which helium erstwhile labeled a “fraud.” […]