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blockonomi.com JPMorgan Lets Clients Pledge Bitcoin, Ethereum to Access Loans

TLDR: JPMorgan plans to allow institutional clients to use Bitcoin and Ether as collateral for loans by year-end. The crypto-collateral program will operate globally using a third-party custodian for token security. This builds on JPMorgan’s prior step of accepting crypto-linked ETFs as collateral for loans. Institutional lenders will now treat Bitcoin and Ether holdings as [...] The post JPMorgan Lets Clients Pledge Bitcoin, Ethereum to Access Loans appeared first on Blockonomi.

bitcoinist.com Will Trump Pardon Sam Bankman-Fried? Polymarket Odds Surge as Traders React to CZ’s Release

Speculation is heating up in crypto circles as betting markets Polymarket surged on the possibility that former FTX CEO Sam Bankman-Fried (SBF) could receive a presidential pardon from Donald Trump. Related Reading: Tesla Rides Bitcoin Rally To $80 Million Profit In Q3 Following Trump’s surprise pardon of Binance founder Changpeng “CZ” Zhao, odds on prediction […]