Bitcoin Magazine JPMorgan Confirms Clients Will Trade Bitcoin and Crypto

JPMorgan has re-confirmed it will allow clients to trade Bitcoin and other cryptocurrencies.

While the bank will not immediately offer custody services, it is expanding its blockchain initiatives and exploring how crypto fits into its broader markets strategy.

Scott Lucas, JPMorgan’s global head of markets digital assets, outlined the bank’s approach in a CNBC interview, emphasizing an “and” strategy that balances existing financial infrastructure with emerging blockchain opportunities.

On trading crypto, Lucas said that, “Jamie [Dimon] was pretty clear during investor day that we were going to be involved in the trading of that, but custody is not on the table at the moment,”

The bank has been experimenting with

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