JPMorgan Faces Criticism Over Bitcoin Notes and Index Rules
JPMorgan's proposed Bitcoin-backed notes, set to launch by December 2025, are facing backlash from the crypto community. Critics accuse the bank of creating a competitor to crypto treasury firms like MicroStrategy and potentially triggering margin calls.
Adding to the controversy, MSCI has proposed a rule change, effective January, to exclude companies holding over 50% of assets in crypto from its indexes. This move, highlighted by JPMorgan, could cut off passive capital flows and pressure firms to sell digital assets, impacting Bitcoin market dynamics.


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JPMorgan Faces Bitcoin Community Backlash Over Leveraged Notes and Index Rule Shift
The cryptocurrency community, particularly Bitcoin (BTC) enthusiasts and supporters of Strategy (MSTR), the largest corporate holder of BTC, are vo...








