According to Foresight News and Bloomberg, JPMorgan is considering offering cryptocurrency trading services to its institutional clients. Sources reveal that the bank is evaluating which products and services its market division can provide to expand its influence in the cryptocurrency space, which may include Spot and derivatives trading. This move comes against the backdrop of rising client interest following changes in the regulatory environment for digital assets in the United States, with specific plans depending on sufficient demand, risk and opportunity assessments, and feasibility from a regulatory perspective. A JPMorgan spokesperson declined to comment on the matter.
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JPMorgan plans to offer Crypto Assets trading services to institutional clients.
According to Foresight News and Bloomberg, JPMorgan is considering offering cryptocurrency trading services to its institutional clients. Sources reveal that the bank is evaluating which products and services its market division can provide to expand its influence in the cryptocurrency space, which may include Spot and derivatives trading. This move comes against the backdrop of rising client interest following changes in the regulatory environment for digital assets in the United States, with specific plans depending on sufficient demand, risk and opportunity assessments, and feasibility from a regulatory perspective. A JPMorgan spokesperson declined to comment on the matter.