JPMorgan Chase executives met with the US SEC to discuss the process of capital market on-chain

Odaily Planet Daily News JPMorgan Chase executives recently met with the U.S. Securities and Exchange Commission (SEC) cryptocurrency task force to discuss the far-reaching impact of digital asset regulation and the on-chain nature of capital markets. According to an SEC statement released on Tuesday, JPMorgan Chase executives exchanged views with the SEC on "the possible impact of migrating existing capital market activities to public blockchains" - including parts of the traditional model that may change and how companies assess the risks and benefits of these changes. The two sides also discussed JPMorgan Chase's current business layout in the crypto field, including the bank's existing digital platform, which is currently used to process repurchase agreements (a short-term financial market lending tool) and is part of its "digital financing" and "digital debt services" product system. (Cointelegraph)