Crypto exchange Gemini Trust has denied that JPMorgan (JPM) is ending its banking relationship with the company, which was reported by CoinDesk earlier Wednesday citing an anonymous source. “Gemini’s banking relationship remains intact with JPMorgan,”
Crypto exchange Gemini Trust has denied that JPMorgan (JPM) is ending its banking relationship with the company, which was reported by CoinDesk earlier Wednesday citing an anonymous source. “Gemini’s banking relationship remains intact with JPMorgan,” the crypto exchange wrote on Twitter. Gemini’s Earn program, which was supposed to allow customers to earn interest by lending their crypto to institutional investors, paused withdrawals in November and has yet to restart them after the exchange’s lending partner, Genesis Global Capital, collapsed.