collateral

Collateral is an asset or property that a borrower offers to a lender as security for a loan. If the borrower fails to repay the loan, the lender has the right to seize the collateral to recover the owed amount.
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  1. JPMorgan to Accept Bitcoin and Ethereum as Loan Collateral by Late 2025

    JPMorgan to Accept Bitcoin and Ethereum as Loan Collateral by Late 2025

    JPMorgan to Accept Bitcoin and Ethereum as Loan Collateral by Late 2025 JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025, according to Bloomberg. The global program will rely on a third-party custodian to safeguard...
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