Crypto Banks Forced To Innovate as JPMorgan Encroaches on Their Turf
JPMorgan plans to accept crypto as loan collateral. Credit: Mike Kemp/In Pictures via Getty Images. Key Takeaways JPMorgan plans to start accepting BTC and ETH as loan collateral by the end of the year. Increased competition in the space poses a challenge for crypto-native lenders. Crypto banks are building new products and services to differentiate themselves. Crypto-collateralized loans were once the preserve of niche lenders like AMINA and Sygnum. But as JPMorgan prepares to enter the space, ded ...