JP Morgan's Quiet Crypto Takeover: What They’re Not Telling You

"JP Morgan will formally integrate crypto ETF holdings into clients net worth and liquidity assessments when determining loan eligibility and terms"

"in the allimportant long-term if JP Morgan's schemes are successful they could very well be bearish for crypto they represent co-option and domestication of a revolutionary technology by the powers that it was supposed to disrupt you could argue that that's a ship that's already sailed some time ago but if Kexus and the muted Wall Street stable coin see real adoption then BTC could actually start to look a lot more like a pet rock than a new monetary system"

"Kexus is a competitor to public blockchains like Bitcoin and Ethereum with its permissioned access institutionalonly clients a focus on tokenization of Tradfire assets and embedded compliance it's the antithesis of the open decentralized censorship resistant ethos of crypto networks"

"JP Morgan is now in cahoots with Bank of America Cityroup and Wells Fargo to discuss the launch of a jointly operated stable coin"

"JP Morgan has filed a trademark for a quote digital asset platform enabling trading exchange payments and issuance the name of this platform is JPMD and although we don't know what the D stands for our money is on dollar and this would strongly suggest that JP Morgan is planning its own stable coin launch"

"JP Morgan's crypto posturing and likely stable coin issuance is bullish for prices in the short to medium term because it is a significant new channel for traders to keep bidding BTC up to the high heavens"