Key Highlights:
- JPMorgan could let clients borrow against crypto assets in 2026
- Bank exploring secured lending using bitcoin and ether
- Jamie Dimon shifts stance on crypto under client demand
- Move aligns with broader crypto regulatory momentum
Banking Giant Eyes Secured Lending via Crypto
JPMorgan Chase is reportedly developing plans to allow customers to take out loans secured by their cryptocurrency holdings. According to the Financial Times, the service could launch as early as 2026 and would support mainstream assets like bitcoin and ether. This signals a shift in the traditional banking sector, with more institutions seeking ways to integrate crypto as collateral — an approach already popular in decentralized finance.From Critic to Facilitator
CEO Jamie Dimon, long a critic of bitcoin, has recently acknowledged the growing demand among clients to access crypto markets. While the bank won’t offer custody services, it’s exploring lending products and ETF-backed credit solutions. The move comes shortly after the passage of the GENIUS Act, which has further legitimized stablecoins and helped define compliance requirements in the U.S.
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