JPMorgan exploring crypto-backed loans amid stablecoin push: FT

The Financial Times cited an unidentified source saying CEO Jamie Dimon’s previous remarks about Bitcoin had alienated some potential clients.

The Financial Times cited an unidentified source saying CEO Jamie Dimon’s previous remarks about Bitcoin had alienated some potential clients.
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Tether’s share of the stablecoin market has dropped beneath 60% for the primary time in additional than two years, signaling a shift in an business that continues to broaden at unprecedented charges. Data from DeFiLlama reveals the issuer’s market dominance fell to 59.55%, its lowest degree since March 2023, even because the broader stablecoin sector…
Three US senators have reportedly opened a proper inquiry right into a dinner event tied to US President Donald Trump’s memecoin, with questions mounting over whether or not the association quantities to a “pay-to-play” scheme that funneled cash from strange buyers to a decent circle of insiders. Senators Move To Examine The Event The dinner…
Ethereum co-founder Vitalik Buterin has signaled a elementary shift within the blockchain’s roadmap that declares the period of the “branded shard” successfully over. On Feb. 3, Buterin argued that the trade’s earlier “rollup-centric” imaginative and prescient now not is smart, citing sooner scaling on the principle Ethereum layer and the sluggish tempo of decentralization amongst…
Lawmakers in Washington are weighing how the federal authorities ought to method custody of Bitcoin and different digital property. A brand new invoice, HR 1566, directs the Treasury Department to put together a complete report on the feasibility of making each a Strategic Bitcoin Reserve and a wider Digital Asset Stockpile. The measure varieties a…
Indonesia has opened discussions on integrating Bitcoin (BTC) into its national reserves following a high-level meeting between the Vice President’s office and Bitcoin Indonesia, Asia’s largest BTC community. The meeting marked a pivotal moment in Indonesia’s evolving approach to digital assets, as officials explored the potential role of Bitcoin in strengthening long-term economic resilience. Among…