JPMorgan Chase’s Head of Global Markets, Troy Rohrbaugh, stated at the RBC Capital Markets Global Financial Institutions Conference today that JPMorgan will act on customer demand in crypto.
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According to Rohrbaugh, the banking giant is poised to respond to its customers’ demand for crypto as the crypto industry is more regulated.
“As these asset classes evolve, it’s critical for us to stay in the industry”
JPMorgan CEO Jamie Dimon, who is generally known as an anti-crypto, but the company’s policies It looks like it’s going in a different direction. Dimon personally thinks buying Bitcoin is stupid.
The bank announced a passive Bitcoin fund last August.
JPMorgan also launched a private blockchain unit called Onyx in October 2020.
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