2022-8-30 07:20 |
JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up.
origin »2022-8-30 07:20 |
JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up.
origin »JPMorgan Chase is piloting the tokenization of DeFi on the blockchain in a project to explore crypto use cases by the central bank of Singapore. The post JPMorgan Dips Into DeFi With Singapore Pilot on Asset Tokenization appeared first on BeInCrypto.
2022-6-1 04:10 | |
The Monetary Authority of Singapore (MAS) is starting a pilot alongside financial heavyweights DBS and JPMorgan to explore use cases in digital assets of tokenization and decentralized finance (DeFi).
2022-5-31 11:40 | |
Key takeaways JPMorgan is more bullish on Ethereum than Bitcoin. The stance is guided by the many use cases of Ether that are bound to give it an edge over Bitcoin when interest rates and bond yields increase.
2021-11-8 21:26 | |
Leading American investment bank JPMorgan Chase has doubled down on its prediction for Bitcoin (BTC/USD), the largest crypto by market capitalization. The bank believes that BTC will soar as high as $146,000.
2021-11-5 16:32 | |
Chief Executive Officer of JPMorgan Jamie Dimon remains critical of the hype surrounding Bitcoin (BTC/USD). During an event on Monday, he stated that Bitcoin is “worthless. ” While Dimon is still not convinced about the viability and use of Bitcoin, his bank has started doing business with clients who are accessing the crypto asset.
2021-10-12 17:53 | |
The debate about the ramifications of El Salvador President Nayib Bukele’s successful push to make Bitcoin (BTC) legal tender continues as the US investment bank and financial services holding company JPMorgan Chase & Co.
2021-7-13 05:00 | |
Goldman Sachs Group Inc. has joined the blockchain-based network created by JPMorgan Chase & Co. for repurchase agreements that use smart contracts and a digitized version of the U.S. doll Goldman Sachs On JPMorgan’s Blockchain In an interview with Bloomberg, Mathew McDermott, global head of digital assets for Goldman Sachs’ global markets group, verified the […]
2021-6-24 11:59 | |
Jamie Dimon, Chairman & CEO of JPMorgan Chase, and Warren Buffett, an American investor, and business tycoon are two Billionaires whose convictions about Bitcoin are largely bearish. The two men, whose knowledge of finance has contributed greatly to their wealth, have asserted that Bitcoin is not poised to remain in use for the long term. […]
2021-3-18 14:02 | |
State Bank of India (SBI), the largest bank in India, has announced a partnership with US bank JPMorgan to use its blockchain-based technology to enhance international transactions. The government-owned bank explained that the partnership would help reduce transaction costs and time to execute customers' payments.
2021-2-23 22:38 | |
"If any issues arise that could affect the willingness or ability of both domestic and foreign investors to use USDT, the most likely result would be a severe liquidity shock to the broader cryptocurrency market," the report says.
2021-2-22 16:27 | |
DeFi is the fastest growing sector of the crypto market, with over $29 billion worth of value locked into smart contracts. It expands functionality and the use cases of cryptocurrencies. DeFi participants also save time and money in costs that are usually associated with traditional banking processes.
2021-2-3 02:19 | |
Deutsche Bank’s strategist Jim Reid reportedly wrote that investors are increasingly demanding to use bitcoin instead of gold to hedge dollar risk and inflation. His research concurs with one recently published by JPMorgan’s analysts that shows institutional investors moving from gold to bitcoin.
2020-11-20 08:15 | |
The largest US bank with around $2. 7 trillion assets under management, JPMorgan & Chase, has launched its own stablecoin, the JPM Coin. The newly-released JPM Coin is reportedly being used commercially by a large tech client for the very first time this week.
2020-10-30 14:35 | |
JPMorgan made headlines earlier this year when they announced an initiative called JPM Coin – which is a crypto token that the bank can use to make instantaneous transfers between global parties. The post Goldman Sachs is looking to issue their own crypto token: Here’s what we know appeared first on CryptoSlate.
2020-8-7 06:00 | |
Japan is considering the option to use JPMorgan Chase & Co. ’s blockchain-based information network in order to fight money laundering within the nation. According to the news published by Bloomberg, December 10, there would be more than 80 institutions interested in being part of the network.
2019-12-11 10:00 | |
Chase Auto, the car financing subsidiary of JPMorgan Chase, the largest bank in the United States, has submitted a patent application to use a blockchain-based system in tracking the inventory offered to its car dealers, thereby eliminating any inefficiencies in auditing a car dealer’s inventory, reports Pymnts, November 24, 2019.
2019-11-25 14:00 | |
A dollar-backed stablecoin with a twist: revenue-sharing with the institutions that use it.
2019-10-1 18:16 | |
Satoshi Nakamoto’s whitepaper outlines a vision for a peer-to-peer payment system that runs on decentralized architecture and has no use for an authoritative middle-man. The idea of a permissioned blockchain was nowhere to be seen.
2019-6-24 00:28 | |
Although JPM Coin has been widely criticized by the community, the U.S. banking giant continues to explore blockchain and, more importantly, find use cases for it
2019-4-25 15:15 | |
By CCN. com: Wall Street firm JPMorgan has a plan to save the banking industry’s lucrative cross-border payments business from alternatives such as Bitcoin and fintechs such as Ripple and TransferWise – expand the use cases for its permissioned blockchain network, the Interbank Information Network (IIN) to include settling payments.
2019-4-22 15:49 | |
The TradeWeb IPO launched on Thursday, and shares are up over 25%. The OTC electronic trading outfit is the latest “unicorn” to go public this year, following Lyft’s highly publicized listing on the Nasdaq.
2019-4-4 20:49 | |
JPMorgan Chase’s Ron Karpovich says there is “more partnership instead of competition” between the establishment and crypto innovators when it comes to the payments space
2019-3-20 14:30 | |
Ripple CEO Brad Garlinghouse says the recently-announced stablecoin from U.S. banking giant JPMorgan Chase lacks interoperability
2019-3-7 12:31 | |
Ripple's CEO gave JPMorgan qualified praise for developing its own cryptocurrency before dismissing the product's usefulness.
2019-3-7 00:45 | |
We are at the dawn of a new age. You do not believe it? Well, just see how many banks are launching cryptocurrencies or at least digital coins that use the blockchain technology. Not only JPMorgan, one of the largest global banks of the world, has launched its own blockchain-based JPM Coin, now Dukascopy Bank […]
2019-3-1 04:55 | |
Almost a fortnight since JPMorgan unveiled its own cryptocurrency and nearly three years after conducting tests, Japanese financial giant Mizuho Financial Group has announced a launch date for its digital currency, J-Coin.
2019-2-27 13:15 | |
JPMorgan Chase CEO Jamie Dimon said that the company’s new crypto JPM Coin could one day be a consumer payment instrument
2019-2-27 03:40 | |
JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.
2019-2-27 01:45 | |
Wall Street titan and noted bitcoin basher Jamie Dimon said that JPMorgan’s controversial cryptocurrency could one day be used for consumer payments. Jamie Dimon: JPMorgan Cryptocurrency Could Target Consumer Use “JPMorgan Coin could be internal, could be commercial, it could one day be consumer,” Dimon said at the bank’s annual investor day in remarks quoted by CNBC.
2019-2-27 22:03 | |
Will JPM Coin kill XRP, or is it just a stablecoin for internal use? Learn in our analysis
2019-2-16 16:20 | |
JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin. ’ Garlinghouse: JPM Coin ‘Misses The Point’ The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed it to the press this week.
2019-2-15 18:00 | |
International investment bank and notorious Bitcoin skeptic JPMorgan Chase will be the first US bank to issue its own cryptocurrency. JPMorgan: ‘Endless’ Use Cases For Cryptocurrency In a surprising move, Umar Farooq, head of JPMorgan’s blockchain operations, told CNBC trials of JPM Coin would start in the coming months and that three use cases had already emerged.
2019-2-14 15:00 | |
Bitcoin is in the news, and we’ve all seen the stories about early investors who’ve made millions and driven away in new lambos. So it’s only natural that people who haven’t invested already are wondering if they should.
2018-9-21 19:18 | |
In a recent interview JPMorgan’s CEO Jamie Dimon implies cryptocurrency isn’t “real,” but blockchain is –– adding that the company will “use it for a whole lot of things”
2018-8-5 18:04 | |
Banks have shown a keen interest in Bitcoin technology over the years. Various patents have been filed by these financial institutions to explore new potential business use cases. JPMorgan was recently awarded a patent which could allow the bank to issue blockchain-based virtual depository receipts.
2018-7-22 02:00 | |
Increasing regulatory oversight in the shifting landscape of cryptocurrencies has introduced a new set of security token markets enabling institutions to join the sector. On July 19, 2018, JPMorgan filed a patent to issue asset-backed tokens on a distributed ledger.
2018-7-21 18:00 | |
The interest of global banking giants in blockchain technology is well known. From Goldman Sachs to JPMorgan Chase, banks have had a hard time ignoring this innovative technology, which is designed to revolutionize the financial industry.
2018-7-21 13:29 | |