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05/06/2025
Bank of Japan Governor Haruhiko Kuroda: It is crucial for the foreign exchange market to reflect the fundamentals and maintain stability.
Latest
5 m ago
The US dollar index fell by more than 0.4%.
6 m ago
Industrial and Commercial Bank CEO: Consumer spending remains stable.
6 m ago
CEO of WealthBank: Consumer spending remains stable.
12 m ago
According to reports, JPMorgan Chase is preparing to accept assets related to cryptocurrency as collateral for loans, including Bitcoin exchange-traded funds. The bank will first provide financing services for cryptocurrency ETFs, with the first batch involving BlackRock's iShares Bitcoin trust fund. This move marks a significant expansion for JPMorgan Chase in the cryptocurrency-related business, especially as the regulatory environment in the United States is becoming more relaxed under the new government. Previously, JPMorgan Chase only accepted such collateral on a limited case-by-case basis. However, under the new plan, cryptocurrency ETFs will be treated more similarly to traditional assets (such as stocks or real estate) when evaluating a client's borrowing capacity. The report also indicates that this plan, expected to launch in the coming weeks, may incorporate more cryptocurrency investment products in the future.
12 m ago
J.P. Morgan is considering accepting cryptocurrency ETFs as loan collateral.
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