Major Banks Shift from Risk Containment to Active Engagement in Cryptocurrency Historically, leading banks regarded cryptocurrencies as high-risk assets, often seeking to limit their exposure. However, recent developments reveal a decisive move toward integrating digital assets into mainstream financial services. This transition encompasses a broad range of initiatives, from blockchain-based payment channels to tokenized digital cash, indicating a more sophisticated approach to digital currency adoption by traditional banking institutions. This evolving stance is exemplified by several key moves in the industry. JPMorgan is expanding its US dollar deposit token, JPM Coin, onto the Canton Network, signaling a significant step toward infrastructure that supports real-world application of tokenized fiat currency. Morgan Stanley is preparing to introduce ETFs that provide exposure to Bitcoin and Solana, making these assets accessible to a broader client base. Meanwhile, Barclays has invest...