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JPMorgan News and Articles



JPMorgan basket product crypto

JPMorgan Launches "Basket" Product for Cryptocurrencies

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Global financial services provider JPMorgan filed an application with the SEC to launch crypto product through public-company stocks. The SEC issued a paper called "Insight Notes Linked to the J.P. Morgan Basket of Companies with Exposure to Cryptocurrency", giving the details of the...

JPMorgan about BTC

JPMorgan Says BTC Institutional Demand to Reach $600B

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New-York based multinational investment bank and financial services company JPMorgan Chase Co finds it possible for bitcoin flow to reach $600 B. Data shows that insurance companies and pension funds in the U.S., Europe, and Japan have put just one percent of their assets into the world’s leading...

JP Morgan

JPM Coin blockchain project will be used for payments

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JPM Coin, the digital currency of investment bank JPMorgan, will be used commercially for the first time this week when sending payments around the world. Said Takis Georgakopoulos, head of the bank's payment department. JPMorgan launches a division called Onyx, which develops blockchain and...

JPMorgan

JP Morgan highlights Square's investment in Bitcoin

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One of the largest investment banks, JPMorgan, commented on earlier information about the decision of the IT company Square to invest in bitcoin. The financial giant believes this is another step towards popularizing the cryptocurrency industry. Recall that Square recently invested $50 million in...

JP Morgan

JPMorgan will pay $2.5 million in a lawsuit

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JPMorgan agreed to pay $ 2.5 million to settle a class-action lawsuit about irrational fees that the bank charged for transactions when purchasing cryptocurrencies. The lawsuit was filed in April 2018 against Chase Bank, a subsidiary of commercial holding JP Morgan Chase, which specializes in...

JPMorgan

JPMorgan’s blockchain network will launch in Japan in 2020

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According to the latest announcements, JPMorgan's blockchain payment network is going to begin operating in Japan at the beginning of 2020. Based on Quorum, JPMorgan's in-house blockchain platform, the Interbank Information Network (IIN) plans to quicken payment transactions as well as address...

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

JPMorgan worries that cryptos like Libra may face ‘Gridlock’

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As to JPMorgan Chase & Co. stablecoins which are built to bypass the massive changes of BTC and ETH, could break functioning normally in pressure periods. Joshua Younger said leaning on his analysis that the cumulative cost of all existing stablecoins is not surpassing $5 billion, the...

JPMorgan will test its own stablecoin along with corporate clients

JPMorgan will test its own stablecoin along with corporate clients

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JPMorgan, a large American financial holding, will start testing its stablecoin among corporate clients. It is reported by Bloomberg Japan. According to the publication, the head of blockchain-development of JPMorgan Umar Farooq said that customers will take part in testing technology aimed at...

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