this post was submitted on 24 Oct 2025
185 points (97.9% liked)

News

35962 readers
3094 users here now

Welcome to the News community!

Rules:

1. Be civil


Attack the argument, not the person. No racism/sexism/bigotry. Good faith argumentation only. This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban. Do not respond to rule-breaking content; report it and move on.


2. All posts should contain a source (url) that is as reliable and unbiased as possible and must only contain one link.


Obvious biased sources will be removed at the mods’ discretion. Supporting links can be added in comments or posted separately but not to the post body. Sources may be checked for reliability using Wikipedia, MBFC, AdFontes, GroundNews, etc.


3. No bots, spam or self-promotion.


Only approved bots, which follow the guidelines for bots set by the instance, are allowed.


4. Post titles should be the same as the article used as source. Clickbait titles may be removed.


Posts which titles don’t match the source may be removed. If the site changed their headline, we may ask you to update the post title. Clickbait titles use hyperbolic language and do not accurately describe the article content. When necessary, post titles may be edited, clearly marked with [brackets], but may never be used to editorialize or comment on the content.


5. Only recent news is allowed.


Posts must be news from the most recent 30 days.


6. All posts must be news articles.


No opinion pieces, Listicles, editorials, videos, blogs, press releases, or celebrity gossip will be allowed. All posts will be judged on a case-by-case basis. Mods may use discretion to pre-approve videos or press releases from highly credible sources that provide unique, newsworthy content not available or possible in another format.


7. No duplicate posts.


If an article has already been posted, it will be removed. Different articles reporting on the same subject are permitted. If the post that matches your post is very old, we refer you to rule 5.


8. Misinformation is prohibited.


Misinformation / propaganda is strictly prohibited. Any comment or post containing or linking to misinformation will be removed. If you feel that your post has been removed in error, credible sources must be provided.


9. No link shorteners or news aggregators.


All posts must link to original article sources. You may include archival links in the post description. News aggregators such as Yahoo, Google, Hacker News, etc. should be avoided in favor of the original source link. Newswire services such as AP, Reuters, or AFP, are frequently republished and may be shared from other credible sources.


10. Don't copy entire article in your post body


For copyright reasons, you are not allowed to copy an entire article into your post body. This is an instance wide rule, that is strictly enforced in this community.

founded 2 years ago
MODERATORS
 

JPMorgan Chase & Co. plans to allow institutional clients to use their holdings of Bitcoin and Ether as collateral for loans by the end of the year in a significant deepening of Wall Street’s crypto integration.

The program, offered globally, will rely on a third-party custodian to safeguard the pledged tokens, according to people familiar with the matter. It builds on JPMorgan’s earlier move to accept crypto-linked ETFs as collateral.

A JPMorgan spokesperson declined to comment.

The expansion underscores how quickly crypto is being pulled into the financial system’s core plumbing. With Bitcoin rallying this year and the Trump administration rolling back regulatory hurdles, major banks are starting to bring digital assets deeper into the lending system.

For JPMorgan, it’s both a symbolic shift and a functional one: the bank whose chief executive, Jamie Dimon, earlier dismissed Bitcoin as a “hyped-up fraud” or a “pet rock” is no longer treating crypto as a fringe bet. Instead, it will be pledged as security for a loan, the same way stocks, bonds, gold and other familiar assets are.

you are viewing a single comment's thread
view the rest of the comments
[–] echodot@feddit.uk 2 points 3 months ago* (last edited 3 months ago)

And thanks to the fact that they've now brought cryptocurrency into economic calculations, any financial crash will take down cryptocurrencies too. So the one thing that they kind of do actually have a use for, protecting financial assets from economic collapse, will be destroyed as well. Fantastic.

Everyone should probably just start investing in gold or something.