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JPMorgan said to allow Bitcoin, Ether as collateral by year end

The Straits Times

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October 27, 2025

Third-party custodian to safeguard pledged tokens in loans to institutional clients

JPMorgan Chase 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 programme, 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 exchange-traded funds (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 in 2025, and the Trump administration rolling back regulatory hurdles, major banks are starting to bring digital assets deeper into the lending system.

The Straits Times से और कहानियाँ

The Straits Times

At 80, the jeepney is still King of the Road, but for how long?

The colourful vehicle is a symbol of Filipino creativity and the country's traffic challenges. The age of EVs will be a test of its days on the road.

time to read

5 mins

October 27, 2025

The Straits Times

The Straits Times

GROUP 3 SAUDI DERBY A NEW GATEWAY TO KENTUCKY DERBY

Points will be up for grabs to qualify for Run For The Roses

time to read

3 mins

October 27, 2025

The Straits Times

Time to relook 'many helping hands' approach and have a unified aid response

The tragic death of little Megan Khung has left an ineffable ache in the nation's heart.

time to read

1 mins

October 27, 2025

The Straits Times

Slot didn't expect 4 losses; needs to find answers fast

Their title defence had begun well but losses at Brentford, Chelsea and Crystal Palace, plus the previous weekend’s 2-1 home defeat by Manchester United, have knocked Liverpool off the rails.

time to read

2 mins

October 27, 2025

The Straits Times

The Straits Times

After Megan Khung: Family, abuse and the reckoning around child safety

The case should prompt a deeper reflection on what we could have done better and the challenges in dealing with family abuse.

time to read

6 mins

October 27, 2025

The Straits Times

The Straits Times

Singaporean, Canadian pen pals finally meet after 43 years

The letters between Michelle Anne Ng and Sonya Clarke Casey forged a friendship that saw them share about their life experiences and secrets

time to read

5 mins

October 27, 2025

The Straits Times

Thai-Cambodian 'peace accord' is Trump-centric but may prove to be more than just optics

If there ever was any doubt over the intended audience for the signing of the “Kuala Lumpur Peace Accord”, the answer came shortly after Thailand’s royal palace announced the death of the Queen Mother Sirikit on the night of Oct 24.

time to read

4 mins

October 27, 2025

The Straits Times

Tan crosses $lm mark in less than two years on tour

Even as heavy rain and fog brought uncertainty to the Wistron Ladies Open in Taiwan, it did not stop Singaporean golfer Shannon Tan from reaching her latest milestone as she surpassed the $1 million mark in career earnings with a joint-44th finish on Oct 26.

time to read

4 mins

October 27, 2025

The Straits Times

Lifelong learning Effective training is a shared responsibility

We thank Mr Ives Tay for his letter “Let's see real results from lifelong learning” (Oct 7).

time to read

1 mins

October 27, 2025

The Straits Times

The Straits Times

Trump turns on the charm - and so does Asean

US President's visit has left an indelible mark on his hosts, Malaysia and Asean

time to read

4 mins

October 27, 2025

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