In a ground-breaking Bitcoin news development today, financial giant JPMorgan on Friday said it plans to allow its institutional and high-net-worth clients to use BTC and ETH directly as collateral for loans. This comes as traditional financial giants such as BlackRock, Morgan Stanley, and Goldman Sachs enter the crypto market amid a pro-crypto regulatory landscape.
The post Breaking: JPMorgan Enables Institutions to Use Bitcoin, Ethereum as Collateral appeared first on CoinGape.
