JPMorgan exploring crypto trading shows banks may dominate retail crypto flow
The U.S. federal banking watchdog signaled a regulatory shift that could fundamentally reshape competition in trading services across the United States.
That shift became apparent today, after Bloomberg reported that JPMorgan is exploring crypto trading services for institutional investors, marking one of the clearest indications yet that Wall Street banks are preparing to move beyond experimentation and into execution. CoinDesk contacted JPMorgan and they declined to comment on Bloomberg’s article.
The report follows a statement by a JPMorgan spokesperson, who previously told CoinDesk the bank was “digesting and assessing” recent guidance from the Office of the Comptroller of the Currency (OCC), confirming national banks can engage…
