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# JPMorgan News

March 5, 2019 by at Altcoins, Business, Commentary, News
Weeks after the announcement of the JPM coin, the crypto industry is still confused about whether to embrace or reject it. Now, Binance put out a study on March 1, 2019, claiming that the coin will not be in competition with Ripple’s XRP. What to Do? In February 2019, JP...
February 27, 2019 by at Blockchain, Business, Commentary, News
Bill Barhydt, the CEO of Abra; a Bitcoin wallet and investment app, believes that private enterprise blockchains will fail miserably. The Abra chief described JPM Coin, the cryptocurrency recently debuted by JPMorgan as utter rubbish. This according to an interview with Fortune, February 25, 2019. Enterprise Blockchains Will Amount to...
JP Morgan, one of the worlds largest banks, made a surprising move to get into the digital currency space by creating JPM coin, which would be used to settle transactions between clients of its wholesale payments business instantly. The news brought a shock to the crypto space due to the bank's...
While the revolutionary distributed ledger technology (DLT) is slowly but steadily gaining traction in various sectors of the world economy including supply chain, healthcare, and others, American multinational investment bank, JPMorgan says it may take another "three to five years" before blockchain technology starts making meaningful impact on trade-finance, reported...
JPMorgan and Goldman Sachs, two of the biggest banks in the global finance sector, have led a $32 million Series B funding round for blockchain startup Axoni, to deploy blockchain-based solutions in the traditional finance industry. $55 Million in New Capital Since 2016, as the only competitor to R3CEV, a...
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