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Techub News, according to CryptoBriefing, JPMorgan Chase has announced it will accept Bitcoin and Ethereum as collateral for institutional loans, including home mortgages. The pilot phase targets high-net-worth clients and hedge funds, and the bank is collaborating with custodians such as Fidelity Digital Assets. This move follows regulatory adjustments by the OCC and the Federal Reserve in early 2025, allowing national banks to participate in digital assets within a compliant framework. It contrasts with the bank's CEO Jamie Dimon's previous skepticism toward Bitcoin, reflecting traditional financial institutions' growing acceptance of cryptocurrencies.
Techub News: Fidelity Digital Assets, a subsidiary of Fidelity Investments, now supports custody and trading of Solana tokens.
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