JPMorgan Mulls Entering Crypto Trading Business: What Does This Mean?
Key Takeaways JPMorgan is considering offering crypto trading, including spot and derivatives, to its institutional clients.JPM sees easing regulation and rising institutional demand as banks gain room to offer crypto services rules.JPMorgan's entry could add liquidity, improve execution and tighten spreads while intensifying competition.Earlier this month, when the Office of the Comptroller of the Currency ("OCC") issued new guidance allowing banks to act as crypto brokers, it was only a matter of time bef ...