JPMorgan Plans to Launch Crypto Asset Trading Services

JPMorgan Eyes Crypto Trading Expansion, But Custody Remains “Off the Table”

Wall Street’s Biggest Name Inches Deeper Into Crypto Key Highlights: • JPMorgan plans to roll out crypto trading services but will avoid direct custody amid regulatory uncertainty. • CEO Jamie Dimon softens his stance on digital assets as the bank tests its own deposit token, JPMD, on Base. Paradisers! After years of skepticism, JPMorgan is finally stepping closer to the crypto frontier, though with a distinctly risk-managed approach. The bankin…

JPMorgan Plans to Launch Crypto Asset Trading Services

JPMorgan Chase is preparing to roll out cryptocurrency trading services, marking a major expansion of its digital-asset strategy. The bank’s global head of markets and digital assets, Scott Lucas, confirmed the move while clarifying that crypto custody is not yet part of its near-term plans. This development aligns with JPMorgan’s blockchain initiatives, including the JPM Deposit Token pilot, and follows a shift in CEO Jamie Dimon’s outlook towa…