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JP Morgan executive: The bank will participate in cryptocurrency trading, but will still not hold custody

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2025-10-14 01:41:46
According to market news, the head of JPMorgan's digital asset markets business confirmed that the bank plans to enter the cryptocurrency trading business, but has no plans to launch custody services in the near future, and said that the company is instead exploring partnerships with third-party custodians to support its growing digital asset business.
JPMorgan admitted that through the new business integration, bitcoin and related cryptocurrencies will significantly expand their market reach.
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