Citi and JPMorgan Advance Digital Asset Strategies as US Crypto Rules Take Shape

Wall Street’s biggest banks are racing into crypto, as Citi unveils plans for a groundbreaking digital asset custody platform by 2026 and JPMorgan deepens its stablecoin and tokenized payment ambitions amid clearer U.S. regulations. Citi and JPMorgan Turbocharge Crypto Strategy as US Regulation Sharpens Financial giants Citi (NYSE: C) and JPMorgan (NYSE: JPM) are advancing … Read more

Qatar National Bank Taps JPMorgan’s Blockchain for Faster Dollar Payments

Qatar National Bank (QNB) has adopted JPMorgan’s blockchain platform, enabling its corporate clients to settle U.S. dollar payments within minutes. The move highlights the Gulf region’s push to modernize financial infrastructure and attract global capital. Gulf Banking Giant Embraces Blockchain for 24/7 USD Transfers Qatar National Bank (QNB), the Middle East’s largest lender, has integrated … Read more

CFTC Taps JPMorgan and Franklin Templeton Executives for Key Roles in Crypto Oversight

The CFTC is cementing its dominance in crypto oversight, appointing elite financial executives to its advisory ranks as it sharpens regulatory strategy under powerful new leadership. CFTC Drives Crypto Strategy Forward With JPMorgan and Franklin Templeton Executives at Helm The U.S. Commodity Futures Trading Commission (CFTC) announced on Sept. 19 new members of the Global … Read more

JPMorgan’s Onchain Intraday Repo Trades $5B in First Month

JPMorgan, HQLAx and Ownera have launched a cross-ledger intraday repurchase agreement (repo) solution, with $5 billion traded during its first month of operation. JPMorgan, HQLAx, Ownera Debut Cross-Ledger Repo The solution enables repo traders to exchange cash held at JPMorgan for collateral held at HQLAx intraday, the release shared with Bitcoin.com News explains. Settlement and … Read more

JPMorgan Implementing ‘Operation Chokepoint 3.0,’ Andreessen Horowitz Says

A general partner at the prominent venture capital firm is shedding light on a new shady banking practice designed to undercut the crypto industry. A16z Warns of JPMorgan’s ‘Operation Chokepoint 3.0’ Tactics Despite JPMorgan CEO Jamie Dimon publicly confessing that he is now “a believer in stablecoins,” one general partner at Silicon Valley venture firm … Read more

Coinbase, JPMorgan Chase Partner to Simplify Crypto Access for Chase Customers

Coinbase and JPMorgan Chase announced a partnership Wednesday to provide Chase’s over 80 million customers with new ways to access cryptocurrency. Chase Ultimate Rewards Points Gain Option to Convert to USDC The collaboration introduces three specific features rolling out in phases. Starting this fall, Chase credit card holders will be able to use their cards … Read more

JPMorgan Accused of Silencing Crypto Advocates With Hidden De-Banking Tactics

Pressure is mounting in the battle over consumer banking data as major banks freeze crypto partnerships, raising urgent questions about access, competition, and fintech innovation. JPMorgan Sparks Crypto Uproar With Sudden Freeze on Gemini Re-Onboarding Big banks are turning up pressure on fintech and crypto firms as they work to restrict free access to consumer … Read more

JPMorgan: Stablecoins Processed $27T in 2024, Now Entering TradFi

JPMorgan strategists say stablecoins and tokenized real-world assets are becoming increasingly intertwined with traditional finance, according to a Bloomberg report. JPMorgan Flags Stablecoin Growth, Warns Against Overhype A growing convergence between digital assets and traditional finance is underway, JPMorgan strategists noted this week, highlighting two major developments: the integration of stablecoins into mainstream financial systems … Read more

JPMorgan Reportedly Explores Lending Against Clients’ Cryptocurrency Holdings

JPMorgan Chase is reportedly exploring the possibility of lending against clients’ cryptocurrency holdings, marking a significant shift in the bank’s stance on digital assets, according to the FT. This potential policy change comes as the largest U.S. banks increasingly embrace cryptocurrencies, despite CEO Jamie Dimon’s previous criticisms of bitcoin, which he once labeled a “fraud.” … Read more