Summary
- JPMorgan Chase reportedly discussed the potential impact of on-chain transition and digital asset regulation with the U.S. SEC.
- It was revealed that executives evaluated the risks and benefits that could arise when the capital market transitions to blockchain.
- They exchanged views on crypto business areas such as digital platforms for repurchase agreements and generating revenue streams through tokenized assets.
Global financial firm JPMorgan Chase held discussions with the U.S. Securities and Exchange Commission (SEC) on the potential impact of the on-chain transition of the capital market and digital asset regulation.
On the 18th (local time), the crypto-specialized media outlet Cointelegraph reported, citing a shared SEC report, that JPMorgan Chase executives discussed what aspects could change if the traditional capital market transitions to blockchain, and how the risks and benefits of such changes could be evaluated.
Ongoing crypto business areas were also discussed, including the digital platform for handling repurchase agreements, digital finance, digital debt services, the adoption of blockchain, and new revenue streams through tokenized assets.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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