Tag Archives: JPMorgan

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[ad_2][ad_1] JPMorgan Chase has created two business units to focus on building blockchain-based software and services and potentially to promote the use of the digital currency JPM Coin. On Wednesday, the bank announced a new brand, Liink, for its blockchain-based Interbank Information Network. JPMorgan Chase describes that network as a …

[ad_2][ad_1] Getty / Andrew Burton JPMorgan launched Onyx, a new business division for its blockchain projects, after its digital token was adopted for commercial use by a large tech client for the first time this week, CNBC reported. A JPMorgan spokesperson confirmed the report. JPM Coin is now being used …

[ad_2][ad_1] Point Roberts, WA and Delta, BC – October 28, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in news on cryptocurrency and blockchain investments, presents today’s edition of the Crypto Corner podcast and comments on what’s driving the shares of cryptocurrency and the cryptocurrency market. Listen to today’s Crypto Corner podcast: …

[ad_2][ad_1] JPMorgan Chase revealed that its JPM Coin is now being used commercially by a large tech company. The company created a business unit dedicated to cryptocurrencies with a focus on cross-border payments. This news follows a group of JPMorgan analysts praising bitcoin as an alternative investment to gold. JPMorgan’s …

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[ad_2][ad_1] JPMorgan Sees Cryptocurrency Commercialization With Bitcoin Rise This article by Bill Peters for Investors Business Daily may be of interest to subscribers. Here’s a section: JPMorgan Chase’s digital currency is in commercial use for the first time, and the bank has built a new business around the technology behind …

[ad_2][ad_1] “Consider it the foundation of a corporate mainnet.” This is how Christine Moy, head of JPMorgan’s recently renamed Liink banking network, described her aspirations for decentralization in the realm of big business. The revamped Liink, which is based on a fork of Ethereum, is more of a “decentralized network,” …

[ad_2][ad_1] Jamie Dimon was a major player in the Federal Reserve and runs two of the largest banks in the country. He is now the last to jump on the cryptocurrency bandwagon. CNBC reported this morning that Dimon’s bank, JPMorgan Chase (JPM), has begun using its digital currency for commercial …

[ad_2][ad_1] The largest bank in the United States, JP Morgan Chase, said a large tech client has already started using their cryptocurrency to instantly send and settle payments around the world. Dubbed “JPM Coin,” the stablecoin facilitates the transfer of payments between institutional clients, the latest step in Wall Street’s …