JPMorgan

Global banks test tokenized money for cross-border payments in $1 million BIS pilot
Twenty-eight banks, including JPMorgan, Citi and UBS, moved real money across borders in a live test of blockchain-based settlement.

JPMorgan says fading Clarity Act odds weigh on crypto outlook
The bank said deteriorating prospects for U.S. market structure legislation remove a key catalyst for digital assets, even as tokenization and institutional adoption advance.

JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.

JPMorgan says Strategy's bitcoin sales policy adds 'two-way risk' to crypto markets
The bank said Strategy's bitcoin sales policy adds avoidable market uncertainty and should be replaced with equity issuance to build cash reserves.

JPMorgan urges strong safeguards as congress weighs crypto market structure rules
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act.

JPMorgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five Asia-Pacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.

JPMorgan sees limited institutional demand for perpetual futures
The bank said institutional demand for perpetual futures remains muted, with the products better suited to speculative trading than hedging.

Bitcoin mining network becoming more sensitive to price swings, JPMorgan says
A growing share of miners are operating near breakeven levels, making hashrate and mining difficulty increasingly responsive to bitcoin's price movements, the bank said.

JPMorgan warns time is running short for crypto market structure bill
The Clarity Act still faces several legislative hurdles, and disputes over stablecoin yield have emerged as a key sticking point, the bank said.

Stablecoins retain the edge over tokenized money market funds, JPMorgan says
The bank said tokenized money market funds account for only about 5% of the broader stablecoin universe despite offering yield.

