From Cointelegraph
June 4, 2025 5:22:00 pm:

JPMorgan plans to accept crypto-linked assets as collateral for loans, starting with BlackRock’s iShares Bitcoin Trust, the largest US spot Bitcoin ETF. The bank will consider clients’ crypto holdings when assessing net worth, treating digital assets like traditional ones for borrowing purposes. CEO Jamie Dimon has expressed skepticism about BTC but supports clients buying it.

The Trump administration is easing regulations on banks and crypto businesses, allowing banks to engage in crypto and stablecoin activities. The Federal Reserve withdrew guidance discouraging bank involvement in cryptos, while the OCC confirmed banks can now handle customer crypto assets in custody. US banks are in talks to launch a joint crypto stablecoin. The administration is also creating a strategic Bitcoin reserve and pushing for stablecoin legislation in the Senate.

Read more at Cointelegraph: JPMorgan Plans to Allow Financing Against Crypto ETFs: Report