#JPMorgan Considering Crypto-Backed Loans by 2026
JPMorgan Chase is exploring plans to offer loans secured by clients' cryptocurrency holdings as early as next year.
The banking giant would allow borrowing against assets like
$BTC and
$ETH despite CEO Jamie Dimon's continued skepticism toward
$BTC.
JPMorgan has already taken preliminary steps into
#crypto, including plans for loans against crypto #ETFs.
The move comes amid crypto-friendly regulatory shifts following President #Trump's signing of the landmark #GENIUS Act stablecoin bill.
The legislation establishes federal stablecoin regulations requiring full backing by U.S. dollars and annual audits for major issuers.
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