JPMorgan explores crypto trading for institutional clients: Report

cointelegraphPublicado em 2025-12-22Última atualização em 2025-12-22

Resumo

JPMorgan Chase is reportedly exploring the launch of cryptocurrency trading services for its institutional clients, marking a significant expansion into digital assets. According to Bloomberg, the bank is assessing potential offerings, including spot and derivatives trading, in response to growing client interest and a shifting regulatory landscape in the U.S. This move represents a notable shift from CEO Jamie Dimon’s previous criticism of Bitcoin, though he has expressed support for stablecoins and blockchain technology. The development follows similar initiatives by other financial institutions, such as France’s BPCE and BNY Mellon, which are also expanding their crypto services.

Banking giant JPMorgan Chase is considering offering cryptocurrency trading to its institutional clients, marking a significant expansion for a traditional financial institution expanding its digital asset services.

According to a Monday Bloomberg report citing a person familiar with the plans, JPMorgan Chase is assessing products and services in its markets division as part of a potential expansion into cryptocurrencies. The company’s plans were not public at the time of publication, but could include digital asset spot and derivatives trading.

The crypto trading services are in the early stages of development, in response to interest from the company’s clients amid the changing regulatory environment in the United States. The government under US President Donald Trump has enacted several policies favoring the crypto industry since January, including signing a stablecoin payments bill, the GENIUS Act, into law.

Despite the reported move deepening its ties to the digital asset industry, JPMorgan faced criticism from Strike CEO Jack Mallers, who in November claimed the company closed his accounts without explanation. JPMorgan CEO Jamie Dimon said in a December interview that the company does not debank customers based on religious or political affiliations.

Related: Strike CEO debanked by JPMorgan, Lummis sounds ‘Chokepoint 2.0’ alarm

If confirmed, the institutional client offering would represent a significant about-face on Dimon’s view on cryptocurrencies like Bitcoin (BTC), which he said was only for “criminals, drug traffickers, money laundering, tax avoidance” in a 2023 hearing. He said in a July interview that he was a “believer in stablecoins” and saw the benefits of blockchain technology.

US bank not the only game in town on crypto offerings

French bank BPCE is also preparing to launch crypto trading for its retail customers. The move would make the financial institution one of the few banks based in the European Union to offer digital asset services.

BNY Mellon, another global banking giant, said in November that it had launched a money market fund to hold reserves for US stablecoin issuers. The move was in response to regulations under the GENIUS Act, requiring reserves for stablecoin issuers.

Magazine: When privacy and AML laws conflict: Crypto projects’ impossible choice

Perguntas relacionadas

QWhat is JPMorgan Chase considering offering to its institutional clients according to the Bloomberg report?

AJPMorgan Chase is considering offering cryptocurrency trading services, including potential digital asset spot and derivatives trading, to its institutional clients.

QWhy is JPMorgan developing crypto trading services, as mentioned in the article?

AThe development is in response to client interest and the changing regulatory environment in the United States, including policies enacted under President Trump administration such as the stablecoin payments bill (GENIUS Act).

QWhat criticism did JPMorgan face from Strike CEO Jack Mallers?

AStrike CEO Jack Mallers claimed that JPMorgan closed his accounts without explanation, which led to criticism of the bank's practices.

QHow has JPMorgan CEO Jamie Dimon's public stance on cryptocurrencies evolved?

AJamie Dimon previously called Bitcoin only for 'criminals, drug traffickers, money laundering, tax avoidance' in 2023, but later in a July interview expressed belief in stablecoins and acknowledged the benefits of blockchain technology.

QWhich other banks are mentioned as expanding into digital asset services besides JPMorgan?

AFrench bank BPCE is preparing to launch crypto trading for retail customers, and BNY Mellon launched a money market fund to hold reserves for US stablecoin issuers in response to the GENIUS Act regulations.

Leituras Relacionadas

Supply Chain, Energy, and Bloc Formation: Untangling the Core Threads of 2026 AI Investment

The core thesis for 2026 investment is a shift from traditional growth-inflation analysis towards a geopolitical framework of strategic blocs, supply chain reconfiguration, and capital expenditure (capex) direction. The US is moving from a global guarantor role towards a more bounded "camp system," reshaping trade, security, and technology flows. Key investment themes emerge from this realignment: production-capable US-aligned economies (e.g., Japan, South Korea), regional security focusing on Latin America, and the hard constraint of energy/grid capacity enabling reshoring. Europe's strength lies not in macro growth but in its high-quality "pick-and-shovel" industrial, electrical, and automation exporters serving the global capex cycle. AI remains the central US-China strategic battleground, driving massive investment in compute, power, and manufacturing stacks, with robotics gaining prominence. The investment implication is a rotation away from crowded US mega-cap tech momentum toward global beneficiaries of this restructuring: electrification equipment, industrial automation, energy storage, grid infrastructure, and select non-US markets. 2026 will be defined by investment intensity driven by geopolitical repositioning, not near-term commercial maturity.

marsbitHá 37m

Supply Chain, Energy, and Bloc Formation: Untangling the Core Threads of 2026 AI Investment

marsbitHá 37m

Appeals Court Rejects Sam Bankman-Fried Bid For New FTX Trial

A federal appeals court has rejected Sam Bankman-Fried's bid for a new trial, upholding his convictions in the FTX fraud case. The Second Circuit Court of Appeals denied defense claims of an unfair trial, sharply narrowing his legal options. His team could still petition the US Supreme Court. The ruling reinforces the legal precedent from one of crypto's most consequential cases, keeping focus on FTX's collapse, customer losses, and ongoing bankruptcy proceedings. For the market, the decision underscores the lasting impact of FTX on regulatory debates concerning exchange oversight, custody rules, and asset segregation as the industry works to rebuild trust.

bitcoinistHá 42m

Appeals Court Rejects Sam Bankman-Fried Bid For New FTX Trial

bitcoinistHá 42m

Apple Also Has to Pay Rent Now

Apple Pays Rent Too: The Two-Way Flow of "Traffic Tax" and "AI Capability Rent" Between Tech Giants For over two decades, Google has paid Apple an estimated $20 billion annually to remain the default search engine on Safari, a "traffic tax" for a critical user entry point. However, in 2026, the direction of this cash flow partially reversed. Apple agreed to pay Google roughly $1 billion per year to license its Gemini AI models, as Apple's own models reportedly struggled with complex tasks. This creates a unique dynamic: Apple acts as the "landlord" in the established search ecosystem, collecting rent from Google for access. Simultaneously, in the emerging AI arena, Apple becomes the "tenant," paying Google for access to cutting-edge AI capabilities it cannot currently match internally. While Apple claims its new models are "distilled" from Gemini outputs and contain "not a drop" of Google's original code, core dependencies remain. Its knowledge base is refined using Gemini's outputs, and its most powerful cloud model runs on Google's infrastructure. Apple has structured the deal as non-exclusive, allowing it to theoretically switch AI suppliers—a hedge against over-reliance. The future hinges on whether advanced AI models become a commodity (cheap and abundant) or remain a concentrated, scarce resource (expensive and controlled by few). Apple is betting on the former, leveraging its massive device ecosystem to be a powerful, choosy customer. If the latter proves true, its bargaining power could erode. This power dynamic is extending to developers. Apple, Google, and WeChat are all pushing for apps to expose their core functions as standardized "actions" or "intents" that their respective AI assistants (Siri, Gemini, WeChat AI) can directly call. The new scarce resource is no longer just app store visibility, but "being selected by the AI." The currency of "rent" has changed from a 30% revenue share to ceding control over how users interact with an app's functions.

marsbitHá 1h

Apple Also Has to Pay Rent Now

marsbitHá 1h

Missed the SpaceX IPO? WEEX's "First Trade Protection" Lets You Experience US Stock Trading Risk-Free.

With the excitement around SpaceX's recent public listing reigniting interest in the US stock market, Chinese investors face significant challenges accessing compliant and convenient trading channels following regulatory actions against major online brokers. This article explores the available options, highlighting their risks and limitations. Traditional paths for US stock investments remain problematic. Qualified Domestic Institutional Investor (QDII) and Listed Open-Ended Fund (LOF) products, while compliant, suffer from high fees, significant purchase premiums, and a very limited selection of assets. Small, unregulated offshore brokers pose substantial risks, including potential insolvency. While secure, VIP accounts at banks in Hong Kong or Singapore require high minimum deposits (often 1-2 million RMB) and in-person visits, placing them out of reach for most retail investors. The article positions cryptocurrency exchanges, specifically their TradFi (traditional finance on-chain) offerings, as a compelling alternative. Platforms like WEEX are noted for providing access to a wide range of US stocks and ETFs, including SpaceX (SPCXON), through tokenized assets. This method offers advantages such as a single account for both crypto and traditional assets, USDT-based settlement avoiding fiat complexities, flexible leverage, and robust risk management. To attract users, WEEX is promoting a "First Trade Guarantee" campaign. Running from June 15 to July 8 (UTC+8), it features a $30,000 prize pool. Users who trade $500 worth of US stock contracts can qualify for a guarantee on their first eligible trade: 100% loss coverage up to $30 or a 20% bonus on profits up to $30. The campaign is presented as a low-risk opportunity for both crypto natives and traditional investors to experience US stock trading.

marsbitHá 1h

Missed the SpaceX IPO? WEEX's "First Trade Protection" Lets You Experience US Stock Trading Risk-Free.

marsbitHá 1h

How Difficult is Chip Making? A Division Error Costs 475 Million Dollars

How Hard Is It to Make a Chip? A Division Error Cost $475 Million Chip expert Shi Kan, a researcher at the Chinese Academy of Sciences and a popular tech creator, explains the immense challenges of chip development. Chips are foundational to modern technology, but their creation is extraordinarily difficult. The journey from sand to a functional chip involves complex design and manufacturing, but a critical bottleneck is verification—ensuring the design works flawlessly before costly production. A single, undetected bug can have catastrophic consequences, as illustrated by the infamous 1994 Intel Pentium FDIV bug. A flaw in the floating-point division unit forced a recall costing $475 million. Unlike software, chips cannot be easily patched after manufacture, making "first-time success" paramount. However, industry surveys show only 24% of chip projects achieve this; over three-quarters require at least one costly re-spin due to design flaws. Verification has thus become the dominant phase, consuming up to 70% of the design cycle. The core challenge is a "verification impossible triangle" between high performance, good debuggability, and low cost. Exhaustively verifying a modern CPU core could take 15,000 years with software simulation, or 30 years with advanced hardware emulation—timeframes utterly impractical for development. Despite being essential, verification is often seen as unglamorous "dirty work," receiving less academic attention than fields like AI. Shi and his team are tackling this by developing an agile verification research framework called ENCORE, based on FPGA technology, to improve verification efficiency and debug capability. Beyond research, Shi engages in public science communication through long-form video content, aiming to demystify chip technology, AI, and computer science. He argues for the value of pursuing "hard and long-term" endeavors, whether in the meticulous world of chip verification or in creating substantive educational content, believing such sustained effort is likely the right path forward.

marsbitHá 1h

How Difficult is Chip Making? A Division Error Costs 475 Million Dollars

marsbitHá 1h

Trading

Spot
Futuros
活动图片

Categorias popularesright-arrow

Etiquetas Popularesright-arrow