JPMorgan reportedly shuts down bank accounts of Compass mining firm
JPMorgan Chase according to recent news has closed down the account of Delaware-based Compass Mining which is one of its investors providing citizens exposure to Bitcoin mining via its private infrastructure. JPMorgan Chase, an American banking institution, is said to have suspended all account activities of Compass Mining, a Bitcoin (BTC) mining firm situated in […]
JPMorgan launches an in-house bitcoin fund for wealthy clients
JPMorgan Chase launched a passively managed in-house bitcoin fund on Wednesday, which it began marketing to rich customers this week. According to CoinDesk, which cited two sources familiar with the situation, the bank is pushing the passively managed crypto fund to its private bank clients, although it has yet to attract any investment . According […]
JPMorgan advisors can trade crypto for clients based on request
Advisors at JPMorgan’s have been given permission to execute crypto trades only at the direct request of clients. JPMorgan Chase, a major American investment bank , is apparently allowing more of its advisers to conduct crypto trades for their clients. Retail wealth clients at JPMorgan now have access to bitcoin funds, according to a Business […]
JPMorgan: Senior exec claims many of their clients see BTC as an asset class
The director of asset and wealth at JPMorgan in an interview claimed many of their clients see BTC as an asset class and want to invest in it. In the words of JPMorgan’s director of asset and we alth management, “The volatility you see in it today just has to play itself out,” According to […]
JPMorgan to expand its blockchain talent pool
Applicants with experience in Bitcoin, Ethereum, and proof-of-stake consensus techniques are sought in some of JPMorgan’s new blockchain-related job applications. By publishing a series of new blockchain-related job applications, major American investment firm JPMorgan is ramping up its hiring frenzy in the cryptocurrency space. JPMorgan has posted job openings for a variety of positions to […]