Tyler Winklevoss alleges that JPMorgan stopped the onboarding of Gemini after he publicly criticized their fintech fees. He asserts that these fees could jeopardize the stability of fintech companies like Gemini.
Despite historical hostility towards cryptocurrency, JPMorgan appears to be pivoting, planning to offer loans backed by Bitcoin and ethereum. This move signifies a potential acceptance of crypto, contrasting with the bank’s previous sentiments.
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