{"id":1130,"date":"2025-12-22T15:40:18","date_gmt":"2025-12-22T15:40:18","guid":{"rendered":"https:\/\/starlavinia.com\/news\/?p=1130"},"modified":"2025-12-22T15:40:19","modified_gmt":"2025-12-22T15:40:19","slug":"jpmorgan-weighs-crypto-trading-entry-as-regulatory-clouds-clear","status":"publish","type":"post","link":"https:\/\/starlavinia.com\/news\/jpmorgan-weighs-crypto-trading-entry-as-regulatory-clouds-clear\/","title":{"rendered":"JPMorgan Weighs Crypto Trading Entry as Regulatory Clouds Clear"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Quick Facts:<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The news is that JPMorgan Chase is looking into offering institutional clients the chance to trade cryptocurrencies in both spot and derivatives markets.<\/li>\n\n\n\n<li> An internal report from Bloomberg on December 22, 2025.<\/li>\n\n\n\n<li>The Driver: More clients want it, and the new U.S. administration has made the rules more &#8220;crypto-friendly.&#8221;<\/li>\n\n\n\n<li>This is a huge change from CEO Jamie Dimon&#8217;s past doubts (he was known for calling Bitcoin a &#8220;pet rock&#8221;).<\/li>\n\n\n\n<li>The bank recently started a tokenized money market fund on Ethereum and paid off a debt on Solana.<\/li>\n<\/ul>\n\n\n\n<p>The wall of resistance at the biggest bank in the US is falling apart. <a href=\"https:\/\/www.banklesstimes.com\/articles\/2025\/12\/22\/jpmorgan-explores-offering-cryptocurrency-trading-to-institutional-clients\/\" data-type=\"link\" data-id=\"https:\/\/www.banklesstimes.com\/articles\/2025\/12\/22\/jpmorgan-explores-offering-cryptocurrency-trading-to-institutional-clients\/\" target=\"_blank\" rel=\"noopener\">Bloomberg has a new report that says JPMorgan Chase &amp; Co<\/a>. is thinking about letting its institutional clients trade cryptocurrencies directly.<\/p>\n\n\n\n<p>This isn&#8217;t just another &#8220;blockchain test.&#8221; If approved, JPMorgan&#8217;s markets division would let hedge funds, asset managers, and sovereign wealth funds trade spot Bitcoin and Ethereum and maybe even derivatives directly through the bank&#8217;s secure infrastructure.<\/p>\n\n\n\n<p>The timing of this exploration is no accident. The regulatory landscape in the U.S. has shifted dramatically in late 2025.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Regulatory Clarity:<\/strong> With the new administration appointing crypto-friendly regulators and the repeal of restrictive accounting rules (like SAB 121), the &#8220;regulatory risk&#8221; that previously terrified compliance departments has subsided.<\/li>\n\n\n\n<li><strong>FOMO (Fear of Missing Out):<\/strong> Competitors like <strong>Standard Chartered<\/strong> and <strong>Goldman Sachs<\/strong> have already made aggressive moves. Standard Chartered launched a spot trading desk earlier this year, and Morgan Stanley has opened up ETF access. JPMorgan risks losing its most sophisticated clients to rival banks if it stays on the sidelines.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Testing the Waters with &#8220;Kinexys&#8221; and Solana<\/h3>\n\n\n\n<p>While the trading desk is still in the &#8220;exploration&#8221; phase, JPMorgan is already deeply embedded in the technology. The bank has been quietly building out its on-chain capabilities:<\/p>\n\n\n\n<ol start=\"1\" class=\"wp-block-list\">\n<li><strong>Tokenized Money Market Fund:<\/strong> Just last week,<a href=\"https:\/\/investingnews.com\/cryptocurrency-market-recap-15122025-strategy-buys\/\" data-type=\"link\" data-id=\"https:\/\/investingnews.com\/cryptocurrency-market-recap-15122025-strategy-buys\/\" target=\"_blank\" rel=\"noopener\"> JPMorgan\u2019s asset management arm launched<\/a> a <strong>$100 million<\/strong> tokenized money market fund on the <strong>Ethereum<\/strong> blockchain via its Kinexys (formerly Onyx) platform.<\/li>\n\n\n\n<li><strong>Solana Debt Issuance:<\/strong> In a surprising move earlier this month, the bank facilitated a commercial paper issuance for <strong>Galaxy Digital<\/strong> on the <strong>Solana<\/strong> blockchain, proving they are agnostic about which chain they use as long as it\u2019s fast and cheap.<\/li>\n<\/ol>\n\n\n\n<h2 class=\"wp-block-heading\">The Jamie Dimon Paradox<\/h2>\n\n\n\n<p>The most ironic thing about this news is what its CEO, Jamie Dimon, has to say about it. Dimon has been one of crypto&#8217;s most vocal critics for years. He even said he would fire any trader who touched Bitcoin.<\/p>\n\n\n\n<p>But in 2025, his tone has changed. He still says he &#8220;doesn&#8217;t smoke&#8221; (he doesn&#8217;t buy crypto himself), but now he &#8220;defends the right&#8221; of his clients to do so. This practical change shows that the bank&#8217;s duty to make money for its shareholders has finally won out over the CEO&#8217;s personal doubts.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Quick Facts: The wall of resistance at the biggest bank in the US is falling apart. Bloomberg has a new [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1132,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-1130","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/posts\/1130","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/comments?post=1130"}],"version-history":[{"count":1,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/posts\/1130\/revisions"}],"predecessor-version":[{"id":1131,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/posts\/1130\/revisions\/1131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/media\/1132"}],"wp:attachment":[{"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/media?parent=1130"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/categories?post=1130"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starlavinia.com\/news\/wp-json\/wp\/v2\/tags?post=1130"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}