JPMorgan could start lending directly against crypto assets such as bitcoin and ethereum next year, according to people familiar with the matter. The move would underscore the extent to which big banks, and the regulated financial industry more broadly, are opening up to closer interaction with cryptocurrencies.
| less than a minute read
JPMorgan explores lending against clients’ crypto holdings
More recently, Dimon has softened his tone. “I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy bitcoin. Go at it,” he...
