JPMorgan Chase plans to let institutional clients use Bitcoin (BTC) and Ethereum (ETH) as collateral for loans by the end of 2025, according to a Bloomberg report. 

The new program, expected to roll out globally, will rely on a third-party custodian to safeguard pledged assets. The bank already allows crypto-linked exchange-traded funds (ETFs) as collateral, but this expansion would enable clients to borrow against their direct crypto holdings.

The shift could make it easier for institutions to access liquidity without selling long-term digital asset positions — a use case that has gained traction among hedge funds and family offices.

The development represents a broader…

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JPMorgan Chase is set to allow institutional clients to use Bitcoin and Ether as collateral for loans by the end of the year, according to Bloomberg. The program will rely on a third-party custodian to secure digital assets and will be available to clients worldwide, signaling a major step by the U.S. banking giant toward crypto integration.

Earlier reports reveal that JPMorgan will also permit clients to use crypto-related ETFs, including BlackRock’s iShares Bitcoin Trust, as loan collateral. The initiative aims to expand borrowing options and include crypto assets in clients’ wealth-management assessments, reflecting growing institutional acceptance of digital currencies.

CEO Jamie Dimon, once a fierce Bitcoin critic, has softened his stance. Although he maintains skepticism about crypto’s intrinsic value, the bank’s move contrasts sharply with his 2017 declaration that Bitcoin was a “fraud.” The shift underscores Wall Street’s evolving view of digital assets as legitimate financial instruments.

Bloomberg

Changpeng “CZ” Zhao and Peter Schiff are supposedly taking their long-running argument to the stage.

The Binance founder has agreed to debate the outspoken economist and gold advocate after Schiff publicly challenged him to a “Bitcoin versus tokenized gold” discussion. 

The exchange follows Schiff’s announcement that he’s launching his own blockchain-based gold product — and CZ’s sharp critique that such tokens are “not truly on-chain.”

“As much as you voice against Bitcoin, you are always professional and nonpersonal,” CZ told Schiff on X today. “I appreciate that. Can have a debate about it.”

Schiff replied later: “Absolutely. Several…

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In my quest to find the best solution for Cake Wallet to offer user-friendly, non-custodial Lightning to our users, I’ve gone deep down the rabbit hole of both Spark and Ark. Both are quite novel approaches to Bitcoin layer two networks, and are designed at their core to be interoperable with the broader Bitcoin network for payments via the Lightning Network. While both can be used “just” for Lightning payments, both networks are positioned to rapidly expand and be used for far more than that over the coming months and years.

One thing to keep in mind is that while Spark and Ark on their face seem rather similar, in practice and in implementation they are quite… Read more on BitcoinMagazine

Even as Washington remains hobbled by a partial government shutdown, momentum for U.S. crypto market structure legislation is quietly reaching new heights.

Coinbase CEO Brian Armstrong says the industry is “90%” of the way there, describing unprecedented bipartisan cooperation among senators working to finalize the long-awaited regulatory framework for digital assets.

Armstrong, who spent this week meeting with both Senate Democrats and Republicans, said the last few sticking points of the CLARITY Act — including rules for decentralized finance (DeFi) and stablecoin rewards — are close to being resolved. 

“Both sides are working hard to figure out the final 10%,…

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Recent threats against the rights of bitcoiners to transact in the manner they deem fit led to the creation of Save Our Wallets. Done in collaboration with the Bitcoin Policy Institute, CoinCenter, the Bitcoin Design Foundation, and many regional Bitcoin hubs around the United States, the organization recently launched the “Satoshi Needs You!” campaign.

Satoshi needs all of you to rally together to ensure that the Blockchain Regulatory Certainty Act (BRCA) provisions are included in the coming version of the CLARITY Act, to ensure that self-custodial software tools in the Bitcoin ecosystem remain a protected thing, unencumbered by financial regulations designed to restrict…

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Elon Musk’s Tesla reported an $80 million gain on its Bitcoin holdings in the third quarter of 2025, benefiting from the crypto market’s rebound without making any new trades.

According to Tesla’s Q3 filing released on Wednesday, the electric vehicle maker continues to hold 11,509 BTC — valued at roughly $1.31 billion as of September 30, up from $1.23 billion in Q2. 

The increase came entirely from Bitcoin’s price appreciation, not from additional purchases or sales. Under new fair-value accounting rules, Tesla now reports digital assets at current market prices, allowing it to record crypto gains or losses each quarter. 

The company hasn’t changed its position…

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aPresident Donald Trump has pardoned Binance founder Changpeng Zhao, known as “CZ,” who pleaded guilty last year to money laundering violations. The White House announced the decision Thursday, framing it as a defense of innovation and fairness against what it called the Biden Administration’s “war on cryptocurrency.” Zhao had stepped down as Binance CEO in a $4.3 billion settlement with the Justice Department and served a brief four-month sentence.

White House Press Secretary Karoline Leavitt said Trump acted to “protect America’s leadership in technology and innovation,” criticizing prosecutors for seeking an excessive prison term. Zhao thanked Trump on X, writing that he was “deeply grateful” and vowed to help make the U.S. “the Capital of Crypto.”

Sen. Elizabeth Warren condemned the move, calling it “corruption” and accusing Trump of rewarding a political ally. The pardon follows Trump’s recent commutation of ex-Rep. George Santos’s sentence, signaling a bold pro-crypto stance from the former president.

President Donald Trump has granted a full pardon to Changpeng Zhao, the convicted founder of crypto exchange Binance.

The move follows months of lobbying by Zhao and allies who argued his prosecution was politically motivated. Sources said Zhao had also explored partnerships to bolster the Trump family’s own crypto ventures.

Trump signed the pardon on Wednesday, according to the Wall Street Journal, marking one of his most controversial decisions since returning to the White House. 

Advisers said he had recently expressed sympathy for Zhao, describing the Binance founder’s case as part of a broader “war on cryptocurrency” waged by the previous…

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