JP Morgan expects further digital currency support
JP Morgan believes more companies will add features that allows users to invest in digital currencies, otherwise, they will get left behind by competitors.
JP Morgan believes more companies will add features that allows users to invest in digital currencies, otherwise, they will get left behind by competitors.
The acquisition has raised many eyebrows from observers, as they wonder why JPMorgan would sell their database network.
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.
Earlier this year, Max Keiser, host of the Keiser Report and well-known broadcaster, asserted that a new world reserve currency is coming, and that it will be cryptocurrency.
JPMorgan has released a 53-page “snapshot” of the state of cryptocurrencies and blockchains. The report is a fascinating view of how the industry has progressed and where it is headed, even though the analysts seem—on a few occasions—to not completely understand the space.