#Jamie Dimon News

JPMorgan's Automotive Subsidiary Taps Blockchain Technology for Vehicle Tracking

OCBC Joins JP Morgan’s Blockchain Consortium

September 20, 2019 by Ashwath Balakrishnan at Blockchain

Overseas Chinese Banking Corporation (OCBC) has joined JP Morgan's Interbank Information Network (IIN) as the first Singaporean bank in the consortium. Business Times reported that OCBC joins a long list of 112 APAC banks that have joined this network, September 20, 2019. Singapore in on JPM Blockchain Service Close to...

Regulators are Slowly but Surely Pulling Away Crypto’s Free Hand

July 24, 2019 by Ashwath Balakrishnan at Regulation

The last two years have been quite uneventful for cryptocurrencies with regulators launching themselves into the industry in full swing. Their lack of expertise with the way the technology works and how networks run is proving to be detrimental for any hope of reasonable regulation. At the same time, crypto...

Jamie Dimon Isn’t Worried About Competition From Libra

July 18, 2019 by Ashwath Balakrishnan at Altcoins

The CEO of America's biggest bank, J.P. Morgan Chase, doesn't believe it is worth losing sleep over Libra for the time being. Dimon is of the view that in the short term, Libra will have little to no effect on banks and global payments in general. He further stated that...

cryptocurrency burning coins bitcoin fire flames orange red

Berkeley Researcher Wants To Burn Crypto To The Ground

February 12, 2019 by Neil at Altcoins, Bitcoin, Commentary, News

The finance world is not alone in criticizing cryptocurrencies, and the latest jab has come from the security sector. Specifically, Nicholas Weaver, a noted researcher at the University of Berkeley’s International Computer Science Institute, has made his feelings on cryptocurrency known at the recent Enigma security conference, which was held...

JP Morgan Chase Rekindles Blockchain Ambition with Quorum

March 29, 2018 by Ogwu Osaemezu Emmanuel at Bitcoin, Blockchain, Ethereum, Finance, News, Tech

In another return to the technology underpinning Bitcoin, JP Morgan Chase is determined to become a significant player in the blockchain ecosystem by making its cross-border payment solution, Quorum, an independent project. And Quorum was Reborn JPMorgan Chase is one of the first institutional investors to catch the blockchain bug....

JP Morgan Report: Cryptocurrencies Are Here to Stay

February 13, 2018 by Priyeshu Garg at Altcoins, Bitcoin, Blockchain, Finance, News, Tech

An internal report on cryptocurrencies by JP Morgan has surprised many observers as it flies in the face of widespread perceptions of the financial powerhouse’s attitude towards virtual currencies. More than a just grudging acknowledgment of digital coins’ presence in the here and now, it seems almost positive in its...

Goldman Sachs Report Explores use of Bitcoin as Currency

January 15, 2018 by Rahul Nambiampurath at Bitcoin, Commentary, Finance, News

On January 10, 2018, analysts from Goldman Sachs Group, the Fortune 500 investment company, published a nine-page lengthy report titled “Bitcoin as Money.” Taking Crypto Seriously The report was the firm’s first exploration of bitcoin’s possible use as a currency and was written primarily by analysts Zach Pandl and Charles...

JPMorgan CEO: Bitcoin Not a Fraud

January 12, 2018 by Priyeshu Garg at Bitcoin, Blockchain, Commentary, Finance, News

The CEO of the financial services company JP Morgan Chase “regrets” statements he made in September of 2017 when he publicly denounced bitcoin as being fraud. His accusations included claiming that the craze was worse than the much-referenced tulip bulb frenzy, and threatening to fire anyone “stupid enough to trade...

Swedish Firm Reports Jamie Dimon for Market Abuse

September 27, 2017 by Liam J Kelly at Bitcoin, News, Regulation

Following recent comments about Bitcoin being a fraud, JPMorgan Chase CEO Jamie Dimon is facing an accusation of manipulating the market, appearing to force BTC-USD lower on his well-publicized criticism. Bitcoin Slides After Dimon’s Remarks City A.M. reported on September 21 that Blockswater, a Swedish liquidity provider, filed a market...