JP Morgan is set to launch its crypto wallet titled, “JP Morgan Wallet”.
America’s largest bank will offer crypto payment services including crypto payment processing, virtual checking account, and more.
Even though CEO
Jamie Dimon
believes cryptos are not a good investment, the bank continues to work on crypto adoption.
JP Morgan is set to offer its customers Bitcoin exchange services via newly developed trademark.
The bank had filled for trademark crypto wallet on November 15.
JP Morgan would now provide virtual currency transfer + exchange, crypto payment processing, virtual checking accounts and financial services, USPTO attorney tweeted.
With this efforts, JP Morgan shows its intention to facilitate users from account creation to risk management.