tldr; JPMorgan is planning to offer cryptocurrency trading services but will not custody crypto directly in the near term, according to Scott Lucas, the bank’s global head of markets and digital assets. The firm is exploring partnerships with custodians and sees opportunities in blockchain and stablecoins. JPMorgan’s CEO, Jamie Dimon, has shifted from crypto skepticism to supporting stablecoins and blockchain technology. The bank aims to capitalize on multiple opportunities in the crypto and blockchain sectors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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No stopping the movement.
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!tip 1
tldr; JPMorgan is planning to offer cryptocurrency trading services but will not custody crypto directly in the near term, according to Scott Lucas, the bank’s global head of markets and digital assets. The firm is exploring partnerships with custodians and sees opportunities in blockchain and stablecoins. JPMorgan’s CEO, Jamie Dimon, has shifted from crypto skepticism to supporting stablecoins and blockchain technology. The bank aims to capitalize on multiple opportunities in the crypto and blockchain sectors.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.