How JPMorgan’s Bitcoin collateral plan could unlock $20 billion in liquidity

After years of tension between crypto and traditional finance, a symbolic shift is taking shape inside the world’s largest bank. JPMorgan Chase & Co. is reportedly preparing to let institutional clients use Bitcoin and Ethereum as collateral for cash loans. This means the bank’s borrowers can pledge the two top cryptocurrencies by market capitalization, which The post How JPMorgan’s Bitcoin collateral plan could unlock $20 billion in liquidity appeared first on CryptoSlate.