JPMorgan eyes cryptocurrency trading
The largest bank in the United States is discreetly evaluating whether to allow hedge funds and pension fund managers to trade cryptocurrencies directly through its platform.
JPMorgan is considering offering spot and derivative trading services as institutional clients continue to push for regulated access to the crypto market. These are not retail investors; we are talking about managers who move billions and need an infrastructure capable of supporting large volumes without regulatory headaches.
Could this push other major banks to finally enter the cryptocurrency market for good?
