{"id":52788,"date":"2025-10-14T14:16:38","date_gmt":"2025-10-14T14:16:38","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=52788"},"modified":"2025-10-14T14:16:38","modified_gmt":"2025-10-14T14:16:38","slug":"wall-street-cracks-jpmorgan-moves-to-offer-crypto-trading","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=52788","title":{"rendered":"Wall Street Cracks: JPMorgan Moves To Offer Crypto Trading"},"content":{"rendered":"
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Wall Street hasn\u2019t always been friendly toward crypto. For years, big lenders treated it like a passing fad or a risky playground for retail traders. But that attitude is shifting fast. JPMorgan\u2019s plan to let clients trade digital assets marks a turning point \u2014 a signal that the most traditional corners of finance are finally warming up to crypto. What was once dismissed as speculation is now being folded into mainstream banking strategy.<\/p>\n

JPMorgan Chase is building services that would let its clients trade cryptocurrencies<\/a> directly through the bank, senior executives told journalists this week.<\/p>\n

According to comments<\/a> made on CNBC, the bank\u2019s global head of markets and digital assets, Scott Lucas, said trading is being developed while custody \u2014 holding crypto directly for clients \u2014 is \u201cnot on the horizon near-term.\u201d<\/p>\n

JPMorgan\u2019s Public Push Into Tokens And Trading<\/h2>\n

The bank has moved quietly but clearly. It ran a pilot of a deposit token called JPMD on Coinbase\u2019s Base blockchain in June, a step that aims to make bank deposits usable on public chains for institutional clients.<\/p>\n

\"\"<\/p>\n

At the same time, JPMorgan has widened cooperation with Coinbase so Chase customers can link bank accounts to Coinbase wallets, a link between big banking rails and consumer crypto <\/a>platforms. Those moves were mentioned by bank executives as part of an \u201cand\u201d approach \u2014 keeping traditional services while adding digital options.<\/a><\/p>\n

Risk Appetite Will Shape The Rollout<\/h2>\n

Executives say risk rules and regulatory checks will shape how far the bank goes. Lucas said the firm is looking at what \u201cthe right custodians\u201d would look like rather than taking custody itself for now.<\/p>\n

That suggests JPMorgan would rely on third parties if and when it offers custody services, keeping its balance sheet and compliance teams at arm\u2019s length from the security and legal complexities of holding private keys.<\/p>\n


\nJPMorgan Also Considering Loans Backed By Crypto<\/p>\n

Beyond trading, there are signs JPMorgan is exploring<\/a> other services tied to crypto. Reports say the bank is weighing offering loans backed by cryptocurrency<\/a> holdings \u2014 a move that could arrive as early as next year if approved internally and cleared by regulators.<\/p>\n

That would mark a notable shift for a bank whose CEO long warned about crypto risks but has recently allowed client access to Bitcoin trading in statements to investors.<\/p>\n

\"\"<\/p>\n

Timelines And Custody Partners<\/p>\n

For customers and market watchers, the key questions remain: which clients will get access first, which coins will be tradable, and who will custody assets if custody is outsourced.<\/p>\n

The bank\u2019s statements point to a careful, staged approach \u2014 trading first, custody later \u2014 and regulators in the US will likely follow closely.<\/p>\n

Expect more detail from JPMorgan as pilot programs like JPMD and partnerships with exchanges produce results and as the bank outlines compliance safeguards.<\/p>\n

Featured image from Unsplash, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Wall Street hasn\u2019t always been friendly toward crypto. For years, big lenders treated it like a passing fad or a risky playground for retail traders. But that attitude is shifting fast. JPMorgan\u2019s plan to let clients trade digital assets marks a turning point \u2014 a signal that the most traditional corners of finance are finally […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-52788","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52788","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=52788"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/52788\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=52788"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=52788"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=52788"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}