JPMorgan representatives met with the SEC to discuss on-chain capital markets and the migration of core financial services to blockchain technology.
The meeting included an overview of JPMorgan's digital asset business, competitive dynamics in traditional capital markets, and the potential impact of transitioning to public blockchains.
Discussions also focused on risks, benefits, and the future engagement between JPMorgan and the SEC's Crypto Task Force.
This meeting reflects JPMorgan's increasing involvement in crypto infrastructure and regulators' openness to integrating regulated financial markets with decentralized technologies.