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TechFlow, July 22 — According to The Block, JPMorgan plans to allow clients to use cryptocurrency as collateral for loans starting next year, marking broader acceptance of crypto assets by traditional financial institutions. Although CEO Jamie Dimon has long been skeptical of Bitcoin, he has acknowledged that the bank will help clients purchase it.
According to The Block, JPMorgan plans to allow clients to use cryptocurrencies as collateral for loans starting next year, marking broader acceptance of crypto assets by traditional financial institutions. Although CEO Jamie Dimon has remained skeptical of Bitcoin, he has acknowledged that the bank will help clients buy Bitcoin.
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