American banking behemoth JPMorgan Chase is reportedly exploring a major expansion into crypto-backed lending and is mulling offering loans directly secured by clients’ crypto holdings, marking a major U-turn for the bank, whose CEO once dismissed Bitcoin as a “fraud.” Crypto-Backed Loans The Financial Times reported on Tuesday, citing anonymous individuals privy to the matter, […]
This articles is written by : Nermeen Nabil Khear Abdelmalak
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