JPMorgan Chase is exploring cryptocurrency clearinghouse options

JPMorgan Chase is exploring cryptocurrency clearinghouse options

According to Forbes, JPMorgan Chase is currently exploring options for Bitcoin and other cryptocurrency clearing houses, looking for a middleman between traders and OTCs to ensure the execution of transactions and create liquidity in the market. JPMorgan executives said: "Cryptocurrency brokers and exchanges should need to avoid the liquidity problems encountered by Robinhood."

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