The Block reports the JPMorgan now serves Coinbase and Gemini [1] based on a story in the Journal [2,$] This is good news, especially after Barclays no longer agreed to serve Coinbase in August ago [3]. Hopefully this is good news for other crypto firms who are finding it hard to pick up banking relationships and/or having problems with their existing banking relationships [4]

  1. https://www.theblockcrypto.com/post/64906/jpmorgan-now-serves-crypto-exchanges-coinbase-and-gemini-first-clients-report
  2. https://www.wsj.com/amp/articles/jpmorgan-extends-banking-services-to-bitcoin-exchanges-11589281201 ($)
  3. https://www.theblockcrypto.com/linked/35904/barclays-cancels-banking-deal-with-coinbase-report
  4. https://theshortstory-podcast.com/2020/05/tethers-missing-800m/

    podcast link