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Cryptocurrency exchange Coinbase has announced a partnership with JPMorgan Chase to launch new digital asset services for its ...
South Korea's financial regulators express concerns over crypto lending and margin trading services by Upbit and Bithumb ...
The Financial Services Commission (FSC) and Financial Supervisory Service (FSS) on Thursday announced the formation of a ...
Young professionals are revolutionizing personal finance by embracing digital-first approaches that their parents never ...
JPMorgan Chase (NYSE:JPM) plans to offer loans secured by clients' cryptocurrency holdings, specifically Bitcoin and Ethereum ...
The collateral is typically more valuable than the actual loan. For example, a borrower may deposit $1,000 worth of Ethereum to take a $500 loan in USDT (a stablecoin).
Mauricio explains that Ledn’s service is simple yet powerful. Bitcoin holders can use their cryptocurrency as collateral to secure dollar loans, much like borrowing against the value of a house.
"PNC took the lead with Coinbase, and other banks are going to study it. It's a copycat industry." ...
The Pittsburgh bank is working with the cryptocurrency platform to let PNC customers buy, sell and hold cryptocurrencies.