Bahrain’s central bank initially announced the JPM Coin trial in May 2021.
CME Bitcoin futures open interest hits 8-month high, greater than when BTC price was at $65K
Open Interest surged to $3.22 billion Thursday to levels not seen since February.
Ethereum price gets back to $3K as institutional investors pile into ETH futures
Ethereum prices recovered on Sunday amid a market-wide upside correction while receiving an additional upside boost from a bullish JPMorgan & Chase report.
JPMorgan Chase reportedly shuts down bank accounts of Bitcoin mining firm
Delaware-based Compass Mining offers U.S. citizens exposure to Bitcoin mining via its private infrastructure.
JPMorgan now offers clients access to six crypto funds … but only if they ask
JPMorgan now offers access to six different crypto funds from GrayScale, Osprey Funds and NYDIG.
Many JPMorgan clients see Bitcoin as an asset class, says senior exec
“The volatility you see in it today just has to play itself out,” JPMorgan’s director of asset and wealth management said.
US megabank JPMorgan to hire more blockchain talent
Some of JPMorgan’s new blockchain-related job applications seek candidates with experience in Bitcoin, Ethereum and proof-of-stake consensus mechanisms.
El Salvador Bitcoin move will put pressure on network: JPMorgan
Daily payment activity in El Salvador would represent more than 1% of the total value of BTC that have been transferred between wallets in the past year, JPMorgan experts say.
France and Singapore pilot cross-border CBDC transactions
The central banks of France and Singapore are working on a digital currency interoperability system supporting multiple global CBDCs.
JPMorgan Invites Banks and Fintechs to Build on Its Revamped Blockchain Network
Liink wants its 400-plus financial institutions (including 25 of the largest 50 banks) to start building on top of the platform.
Chase Bank to Refund 95% of $2.5M It Allegedly Overcharged Crypto Buyers
The JPMorgan subsidiary has agreed to repay most of $2.5 million it took in credit card fees for cryptocurrency purchases.
Chase Bank Settles Suit Over ‘Sky-High’ Credit Card Charges for Crypto Purchases
The bank had allegedly charged the plaintiff over $160 in fees and interest for regularly purchasing cryptocurrencies.
JPMorgan Tests Private Blockchain to Track Auto Dealer Inventory
JPMorgan Chase has filed a patent and is testing a blockchain system for tracking the automobile inventory it finances for car dealers.
JPMorgan Adds New Privacy Features to Its Ethereum-Based Quorum Blockchain
JPMorgan has developed a new privacy feature for ethereum-based blockchains that hides both the sender and the amount in a transaction.
Christine Lagarde Pits Circle Against JPMorgan in IMF Debate
Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.
Citi Scraps Its Plan for a JPM Coin-Like Bank-Backed Cryptocurrency
Several years back Citi tested a bank-backed cryptocurrency similar to JPMCoin. The lesson it learned? It’s easier to rely on SWIFT.
Ripple CEO Brad Garlinghouse on JPM Coin: Other Banks Won’t Use It
Ripple’s CEO gave JPMorgan qualified praise for developing its own cryptocurrency before dismissing the product’s usefulness.
JP Morgan’s New DLT Lead: We’re Not Done With Blockchain Innovation
Christine Moy, Amber Baldet’s successor at JPMorgan, shares her thoughts on the future of enterprise DLT and the role of public blockchain networks.
JPMorgan Seeks Patent for Blockchain-Powered Interbank Payments
A patent application by JPMorgan Chase suggests putting financial transaction information on a distributed ledger.
JPMorgan Trial Puts Debt Issuance on a Blockchain
JPMorgan Chase has partnered with National Bank of Canada and others to trial a blockchain platform aimed to improve the debt issuance process.