What Does This Mean? — TradingView News
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 before big lenders moved in to tap the opportunity. Now, according to a CoinDesk report citing Bloomberg, JPMorgan JPM, the largest U.S. bank, is considering offering cryptocurrency trading services (including spot and derivatives trading) to its institutional clients.
With Wall Street’s appetite for digital assets growing, driven by investors seeking diversification and new sources of yield, institutional products such as Bitcoin ETFs are expected to gain traction. At the same time, an evolving regulatory framework is lowering barriers for banks to offer crypto…
