JPMorgan plans to offer cryptocurrency trading services to institutional clients

Foresight News reported, citing Bloomberg, that JPMorgan is considering offering cryptocurrency trading services to its institutional clients. According to sources familiar with the matter, the bank is evaluating which products and services its markets division can provide to expand its influence in the cryptocurrency sector, which may include spot and derivatives trading. This move comes amid increased client interest following changes in the U.S. digital asset regulatory environment. The specific plans will depend on whether there is sufficient demand, an assessment of risks and opportunities, and regulatory feasibility. A JPMorgan spokesperson declined to comment on the matter.