-
JPMorgan considers offering loans backed by clients’ cryptocurrency holdings, FT reports
JPMorgan Chase is exploring plans to offer loans backed by clients’ cryptocurrency holdings, including bitcoin and ethereum, as early as next year, the Financial Times reported on Tuesday, citing people familiar with the matter. The move comes as other major US banks, including Bank of America and Citibank, are developing stablecoins amid a broader push for more crypto-friendly regulation in Washington. CEO Jamie Dimon, a longtime bitcoin skeptic, recently said that the bank will be involved in stablecoins. JPMorgan declined to comment to the FT. The bank did not immediately respond to a Reuters’ request for ... (full story)
- Comments / Top
- Subscribe
-
- Older Stories
From @LiveSquawk|Jul 22, 2025|6 commentsReports That BoJ Is Likely Said To Leave Benchmark Rate Unchanged Next Week - Is Said To See Little Impact From Election On Rate Stance - Is Said To See Upward Price Risk If Big Fiscal Loosening - To Watch Impact Of Trade Talks Before Any Hike
From fool.com|Jul 22, 2025Ethereum (ETH -0.04% ) has been moving slightly higher in Monday's trading. The cryptocurrency's token price was up 0.4% over the previous 24 hours of trading as of 5:45 p.m. ET. ...
From globalnews.ca|Jul 21, 2025While the latest Bank of Canada survey data suggests both businesses and consumers are in need of more financial relief amid the trade war, many economists doubt the central bank ...
-
- Newer Stories
From switzer.com.au|Jul 22, 2025Donald Trump, ever the businessman, is making billions on bitcoin, as he wields his power as President of the United States to legitimise cryptocurrencies. The bottom line cost of ...
From ecb.europa.eu|Jul 22, 2025|2 commentsCredit standards for firm loans remained broadly unchanged Credit standards tightened slightly for housing loans and more markedly for consumer credit Housing loan demand ...
From @LiveSquawk|Jul 22, 2025|2 commentsBoE’s Gov Bailey UK Experience Is Not Out Of Line With Other Markets - We Have Seen Steeper Yield Curves. That Is Global Phenomenon - Cause Of Steeper Yield Curve Reflects Greater Uncertainty On Trade Policy
