JPMorgan expands crypto push for Chase retail banking unit

JPMorgan is expanding a dedicated cryptocurrency and blockchain team within Chase, its retail banking division serving individual and small-business clients, Nada News Japan reported on Aug. 30. While the bank’s existing blockchain business had mainly focused on corporate and institutional investors, the organizational expansion suggests it is now seriously reviewing digital-asset business opportunities in consumer finance. According to the job posting, the team will be responsible for setting digital-asset strategy, partnering with cryptocurrency companies and developing new products, while also considering external partnerships and acquisitions alongside in-house development.