JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin.’ Garlinghouse: JPM Coin ‘Misses The…
Tag: JPMorgan
JPMorgan Has Its Own Crypto and It’s Starting Real-World Trials – CoinDesk
While its CEO, Jamie Dimon, is notorious for his critical comments on bitcoin, investment bank JPMorgan is preparing for a future where blockchain is a key part of financial…
JPMorgan Unveils First Bank-Backed ‘JPM Coin’ Cryptocurrency – Bitcoinist.com
International investment bank and notorious Bitcoin skeptic JPMorgan Chase will be the first US bank to issue its own cryptocurrency. JPMorgan: ‘Endless’ Use Cases For Cryptocurrency In a surprising…
Cryptos Would Only Have Value in ‘Dystopian’ Economy: JPMorgan – CoinDesk
Investment bank JPMorgan Chase has said that cryptocurrencies would only have value in a dystopian economy. In a recent note to its clients, the firm said that it was…
Wanchain’s Bridge to the Ethereum Blockchain Is Now OpenWanchain’s Bridge to the Ethereum Blockchain Is Now Open – Altcoin Today
Amber Baldet, former JPMorgan blockchain program lead (and current CEO of Clovyr), has expressed her doubts about the proliferation of blockchain protocols: “Each of these blockchains speaks a different…
Ethereum Price Forecast: Even JPMorgan Isn’t Sure What Happens Next
iStock.com/LEEDDONG Ethereum News Update Reports surfaced on Friday that JPMorgan Chase & Co. (NYSE:JPM) is thinking of spinning off its “Quorum” blockchain division into a separate company. Is this…
JPMorgan Considers Making Blockchain Platform Quorum An Independent Entity
JPMorgan Chase is considering making Quorum, its Blockchain and smart contracts platform, into its own company, Bloomberg reported yesterday, March 23. A unnamed source told Bloomberg that no conclusion has yet been reached about whether Quorum would…
Former Top JPMorgan Trader Says Banks ‘Have Absolutely Failed’ With Cryptocurrency
A former high-flying JPMorgan trader turned cryptocurrency fund manager says banks “have absolutely failed to innovate in any way, shape, or form and now they’re paying the price” in…
JPMorgan Proclaims Bitcoin ETFs Are the ‘Holy Grail’
JPMorgan now recognizes the fantastic potential that a Bitcoin-based ETF can offer. When communicating with its clients about the multiple benefits of such a financial product, the megabank refers…
Big Banks Ban Bitcoin Buys – JPMorgan, Bank of America, Citigroup Say No to Crypto Credit Purchases
JPMorgan, Bank of America, and Citigroup are all putting a stop to Bitcoin purchases made using their cards, citing high risk due to extreme price volatility. Credit Card Declined…