Big Banks Move From Watching Crypto to Using It

[encrypted]

For years, major banks treated crypto as a risk to manage. In 2026, that stance is shifting toward controlled adoption. Instead of questioning legitimacy, banks are now deciding where crypto fits — from tokenized cash to regulated ETFs.

This week’s developments show that shift clearly:

JPMorgan Chase is expanding tokenized deposits onto new blockchain rails.

Morgan Stanley is preparing crypto ETFs for wealth clients.

Barclays has made its first stablecoin infrastructure investment.

Bank of America now allows advisers to recommend spot Bitcoin ETFs.

Taken together, banks are no longer on the sidelines — they’re laying rails.

[nihalsari]

banks going from “crypto bad” to “ok but we control it” was the most predictable arc ever