What to know about JPMorgan's crypto strategy

But now JP Morgan is allowing clients to pledge Bitcoin and Ether as collateral for loans. Lesie Picker is joining us now with details. Hi Lesie.>> Hey Morgan. Yeah, in chatting with sources familiar with the matter. I'm told it's still early days and for now the concept is limited to the firm's trading business.JP Morgan's trading business has for a few months now accepted IBID, the ETF, as a form of collateral, which it sees as less volatile as the underlying currency. However, I'm told that certain hedge ...