JPMorgan sava Jamie Dimon, previously known for his criticism of BTC, said that the bank is ready to meet the growing customer demand for cryptocurrencies.
What will be offered:
- Buying BTC through the bank's platforms
- No custodial services and BTC on JPMorgan's balance sheet — only brokerage access
Daimon may refer to:
"We are not fans, but if customers want, we will give access"
Why it matters:
- Competitors (e.g., Goldman Sachs) have already launched similar services
- The bank does not want to lag behind against the backdrop of institutional inflows into crypto