Interesting news, especially if it is true - since it has not yet been confirmed by either party. With the information from the first link, some things become a little clearer, because those who have analyzed this move a little do not see that JPMorgan has any direct financial benefits (via
"fees associated with processing wire and ACH payments"). But the catch is perhaps hiding in JPM coin which may be listed on those exchanges or some future IPO.
Personally, I'm not surprised that banks are showing interest in crypto, because after all, profit is profit no matter where it comes from (and we know that banks work a lot in the gray zone - HSBC for example.) Some might look at this a little weird from the point of view of the
Jamie Dimon - CEO of JPM story who say Bitcoin is a fraud. Today he obviously thinks differently, which is proof that some are not persistently stubborn about certain things.
