X @BSCN

JPMORGAN CHASE TO ACCEPT BITCOIN AS COLLATERAL FOR INSTITUTIONAL LOANS@JPMorgan is expanding its crypto collateral program, now accepting $BTC and $ETH for institutional loans including home mortgages.The bank's Kinexys platform handles real-time valuation, with a third-party custodian safeguarding pledged tokens. JPMorgan joins Morgan Stanley, State Street, BNY Mellon, and Fidelity in expanding crypto-backed lending.For $BTC, this is structural demand. Long-held positions become productive collateral inste ...