JPMorgan (JPM.US) is exploring issuing loans backed by customers' cryptocurrency holdings.

According to the Wisdom Financial APP, it was reported that JPMorgan Chase is exploring the possibility of using customers' cryptocurrency holdings as collateral for loans. In the overall relaxed regulatory environment under the Trump administration, this is another sign of one of the largest banks in the United States pushing cryptocurrency into the mainstream financial system. At the same time, some people warn that these plans may be subject to change. JPMorgan Chase declined to comment.