JPMorgan and Coinbase agree to merge crypto wallets and bank accounts

14:31 - 31.07.2025


July 31, Fineko/abc.az. American bank JPMorgan and cryptocurrency exchange Coinbase have entered into an agreement to combine customer bank accounts with their crypto wallets, ABC.AZ reports, referring to the Financial Times.

The document will fully enter into force in 2026.

Common clients (banks and crypto exchanges) will be able to link their accounts on platforms for buying, selling and transferring cryptocurrencies, the newspaper writes. Starting in the fall of 2025, JPMorgan customers will be able to replenish their crypto wallet from a bank account, and starting in 2026, they will be able to transfer bank cashback to their crypto wallets in the ratio of 100 points for participation in the banking program to $1.