PDAXScope: Grab adds crypto, JPM shifts, ETH ETF surges

Grab now supports crypto top-ups (Philstar)

Grab users in the Philippines can now top up their GrabPay wallets using crypto like Bitcoin, Ethereum, USDT, and USDC, as reported by Philstar. The feature, powered by PDAX and Triple-A, instantly converts crypto to pesos and can be used for rides, food, and more – bringing crypto into mainstream daily spending.

JPMorgan considers offering loans backed by clients' cryptocurrency holdings, FT reports (Reuters)

JPMorgan is exploring offering loans backed by clients’ cryptocurrency holdings like Bitcoin and Ethereum, potentially launching as soon as next year, according to Reuters. This marks a big shift for the bank as CEO Jamie Dimon, once a vocal crypto skeptic, has softened his stance and JPMorgan is reportedly including crypto in clients’ net worth assessments.

BlackRock’s Ethereum ETF Rockets to $10B, Third-Fastest in History (Decrypt)

BlackRock’s iShares Ethereum ETF (ETHA) has reached $10 billion in assets, making it the third-fastest ETF in history to hit that mark. The fund doubled in just 10 days, reflecting strong investor demand—especially from institutions—and now holds the largest share of ETH among all spot Ethereum ETFs.

-

-

-

-

-

Disclaimer: PDAX does not guarantee the technical and financial integrity of the digital assets and their ecosystems.  Trading with any cryptocurrency is subject to the user’s risk and own discretion and must be done after adequate and in-depth research and analysis. PDAX does not endorse or approve any cryptocurrency, and assumes no responsibility for, the content, accuracy or completeness of the same.

For inquiries or complaints, please contact us through the following channels:

Chatbot: https://pdax.ph or https://web.pdax.ph/ (click webchat feature);

‘Customer Support’ webpage at https://support.pdax.ph;

Email: support@pdax.ph.

Please provide us your name, email address, and any other information that we may need to identify you, your PDAX Account, and the particulars of the Order and/or Transaction on which you have feedback, questions, or complaints. If you already have a registered PDAX account, please provide us your registered name and use your registered email address.

Philippine Digital Asset Exchange  (PDAX), Inc. is an entity regulated by the Bangko Sentral ng Pilipinas (BSP) https://www.bsp.gov.ph. You may get in touch with the BSP Consumer Protection and Market Conduct Office through the following channels:

Email: consumeraffairs@bsp.gov.ph; Webchat: http://www.bsp.gov.ph (click webchat feature); Facebook: https://www.facebook.com/BangkoSentralngPilipinas; Direct Line: (02) 5306 2584 / (02) 8708 7087;  Trunk Line: (02) 8708 7701 loc. 2584; or SMS: 21582277 (for Globe subscribers only).

For further details, you may refer to BSP's Inclusive Finance - Consumer Protection.