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Scott Lucas, global head of markets digital assets at JPMorgan, discusses the banks evolving blockchain strategy, highlighting deposit tokens and stablecoins.
Monday - Friday, 08:00 - 11:00 CET | 14:00 - 17:00 HK/SG
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The bank double upgraded the stablecoin issuer to overweight from underweight.

U.S. banking giant JPMorgan is gearing up to launch its own alternative to a stablecoin, called JPMD.

JPMorgan stated on Monday that it supports a regulatory framework for cryptocurrencies but warned the rules could carry risks.

JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto

JPMorgan execs argued that stablecoin innovation can easily drift into “shadow banking” if yield payments are permitted.

JPMorgan supports the Digital Asset Market Clarity Act but warns stablecoin yield concerns and midterm elections could derail the…