JPMorgan explores crypto trading for institutional clients: Report
Cointelegraph
JPMorgan Chase is reportedly considering offering cryptocurrency spot and derivatives trading to its institutional clients.Summary
Banking giant JPMorgan Chase is reportedly exploring the offering of cryptocurrency trading services, including spot and derivatives trading, to its institutional clients. This potential expansion into digital assets is in the early stages of development and is being driven by client interest amid a changing US regulatory environment. This move would signify a major shift for the bank, particularly for CEO Jamie Dimon, who previously expressed skepticism about cryptocurrencies like Bitcoin, though he has since voiced support for stablecoins and blockchain technology. The report notes that other financial institutions, such as French bank BPCE and BNY Mellon, are also expanding their digital asset offerings.
(Source：Cointelegraph)