tldr; JPMorgan is considering offering Bitcoin and cryptocurrency trading services to institutional clients, including spot and derivatives trading desks. This move reflects growing client interest and regulatory shifts in the digital asset market. While the bank is already enabling clients to use Bitcoin and Ethereum as loan collateral, discussions about crypto trading are in early stages and depend on demand, risk assessments, and regulatory feasibility. This marks a significant shift in JPMorgan's approach to digital assets under CEO Jamie Dimon.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
I just love watching them fully embrace BTC after a decade of calling it a scam...
Me too
“They” most likely still think it’s a scam, but are happy to line their pockets with service and transaction fees.
tldr; JPMorgan is considering offering Bitcoin and cryptocurrency trading services to institutional clients, including spot and derivatives trading desks. This move reflects growing client interest and regulatory shifts in the digital asset market. While the bank is already enabling clients to use Bitcoin and Ethereum as loan collateral, discussions about crypto trading are in early stages and depend on demand, risk assessments, and regulatory feasibility. This marks a significant shift in JPMorgan's approach to digital assets under CEO Jamie Dimon.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.