Tag: JP Morgan

Over 75 international banks joined as participants on a significant blockchain payments trial piloted by the likes of J.P. Morgan, ANZ and the Royal Bank of Canada, reported Financial Times on September 25, 2018. J.P. Morgan Propels Blockchain Adoption Although the development has grown to include some of the world’s largest banks, the J.P. Morgan-led project was initially conceived in…

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Barclays has reportedly appointed a team of three senior executives to look into the feasibility of setting up a crypto trading desk to function as part of its markets business. According to a report in the London Financial News on August 6, 2018, the bank wants to follow in the lead of other large institutional investors who have been convinced…

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Cryptocurrency startups and ICOs face the onus of retail investors who rightfully expect working prototypes of the former’s ideas. However, a significant blockchain player could be the first to succumb to poor business tactics and go out of business in 2019. R3 Close to Biting the Dust In a startling report by Fortune, the institutional-backed blockchain platform R3 is buried…

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JP Morgan is taking cryptocurrencies seriously by appointing London-based fintech head Oliver Harris to create a cryptocurrency strategy for the company, revealed on May 18. According to Business Insider Australia, Harris, 29, who is drawing out the cryptocurrency strategy, will become the head of cryptoasset strategy for the bank. For the past two years, Harris ran JP Morgan’s In-Residence program…

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