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JPMorgan Bank Adds Coinbase And Gemini As Its First Crypto Exchange Customers

Ramsey Baker

Summary: JPMorgan Chase, the U.S. banking giant, has added its first two cryptocurrency exchange customers. According to a report from The Wall Street Journal on May 12, the bank has signed popular regulated exchanges Coinbase and Gemini. Both exchanges being regulated in the U.S. was apparently a key factor in the approvals, which took a long ...

JPMorgan Chase, the U.S. banking giant, has added its first two cryptocurrency exchange customers.

According to a report from The Wall Street Journal on May 12, the bank has signed popular regulated exchanges Coinbase and Gemini.

Both exchanges being regulated in the U.S. was apparently a key factor in the approvals, which took a long period of vetting. Accounts for the two exchange were approved last month, and are now in use.

By Ramsey Baker

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Link: JPMorgan Bank Adds Coinbase And Gemini As Its First Crypto Exchange Customers   [Copy]
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