As major banks around the world continue to deepen their involvement in cryptocurrencies, J.P. Morgan Chase is considering offering trading services in this asset class to its institutional clients. According to a source familiar with the matter, the Wall Street giant is evaluating what products and services its marketing department can offer to expand its business in the cryptocurrency sector. The insider, who requested anonymity because the plans have not been disclosed, said this could include spot and derivatives transactions. The source added that the move is in its early stages in response to growing customer interest following changes in the US digital asset regulatory environment. He said specific plans will depend on whether there is sufficient demand for specific products, an assessment of risks and opportunities, and consideration of regulatory feasibility.

As major banks around the world continue to deepen their involvement in cryptocurrencies, J.P. Morgan Chase is considering offering trading services in this asset class to its institutional clients. According to a source familiar with the matter, the Wall Street giant is evaluating what products and services its marketing department can offer to expand its business in the cryptocurrency sector. The insider, who requested anonymity because the plans have not been disclosed, said this could include spot and derivatives transactions. The source added that the move is in its early stages in response to growing customer interest following changes in the US digital asset regulatory environment. He said specific plans will depend on whether there is sufficient demand for specific products, an assessment of risks and opportunities, and consideration of regulatory feasibility.