JPMorgan analysts have drawn a controversial conclusion that BTC is likely to survive in the future, even as a speculative asset.
The case was raised by JPMorgan Chase customers after it emerged the bank had charged digital currency transactions as if they were cash advances.
Jack Dorsey believes social media platforms shoud adapt a decentralized and open source standard, and Twitter is funding the team that will work on this.
The internal settlement service will rely on the Wells Fargo Digital Cash, an internal stablecoin that will be pegged to the U.S. dollar.
The German bank, considered to be the fifth largest in the region, becomes the latest bank to join the Interbank Information Network (IIN).
JPMorgan recently announced that it has begun to offer its own version of a cryptocurrency stablecoin, the JP Coin.