Tagged: collateral

JPMorgan Plans to Accept Bitcoin and Ethereum as Collateral for Loans

JPMorgan Chase & Co. (NYSE:JPM) recently noted that it will be allowing institutional customers to use their Bitcoin (BTC) and Ethereum (ETH) as a form of collateral for loans, marking a significant shift in how Wall Street’s largest banking institutions leverages digital assets as part of… Read More

CFTC Introduces Tokenization Initiative, Enabling Derivatives Trading with Stablecoins Serving as Collateral

The U.S. Commodity Futures Trading Commission (CFTC) has unveiled a forward-thinking program designed to permit the use of tokenized assets—particularly stablecoins—as security for derivatives positions. Announced recently, by Acting Chair Caroline D. Pham, this initiative represents a regulatory evolution, aiming to harness blockchain‘s potential for… Read More

CFTC Pursues Tokenized Collateral for Derivatives Markets

The Commodity Futures Trading Commission (CFTC) will pursue the use of tokenized collateral, which will include stablecoins. This follows the GENIUS Act, which legalized payment stablecoins issued by private parties. Tokenized collateral is expected to be used in derivatives markets and is said to be… Read More

Standard Chartered, OKX Partner on Supporting Institutional Participation in Crypto

Institutional participation in crypto markets is key to their success and ability to scale. While many established institutions are already participating in this sector of finance, the growth will take some time. This week, global bank Standard Chartered and crypto exchange OKX revealed a partnership… Read More

Euroclear and Digital Asset Work to Proved Tokenized Collateral Mobility

Euroclear and Digital Asset are partnering on the mobility of collateral assets using the Canton Network. The Euroclear group comprises Euroclear Bank, the International CSD, and other subsidiaries providing post-trade services like custody and settlement. Digital Asset is a blockchain infrastructure firm serving the entire… Read More

SALT Announces Addition of PAX Gold as Collateral Option

SALT, a crypto-collateralized online lending platform, announced on last week that beginning October 1st it will offer the just released PAX Gold (PAXG) as a collateral type for clients seeking to use their digital assets as collateral to secure a USD loan. The online lender… Read More

Collateral Shut Down: UK P2P Lender Has Gone Into Administration

Collateral, a UK-based peer to peer lending platform, has reportedly gone into administration after trading without a proper license. According to various reports, a letter was sent to investors from the company’s administrator, named Gordon Craig, that stated the company was operating in the belief that… Read More

Singapore’s Silver Bullion Launches Bullion-Backed P2P Loan Platform, Among World’s First

    Would a “Safe Room,” a storage facility filled with 80 tonnes of silver and a tonne of gold, worth about S$120 million total, increase your confidence about participating in a peer-to-peer loan platform? Silver Bullion, a Singapore-based bullion retailer, is counting on it. The company just launched… Read More

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