Despite the criticism, TradFi institutions still prefer using public blockchains for real-world asset tokenization.
JPMorgan’s Jamie Dimon and Sen. Elizabeth Warren Team Up to Bash Crypto
JPMorgan Chase CEO Jamie Dimon has never been shy about trashing crypto, even while his giant Wall Street bank became a leader in using blockchain technology to move billions. At a U.S. Senate hearing Wednesday, he slammed the industry again, to the delight of Sen. Elizabeth Warren (D-Mass.), who is trying to impose restrictions to combat illicit digital transactions.
JPMorgan rolls out programmable payments for institutional blockchain platform JPM Coin
JPMorgan’s blockchain platform, JPM Coin, has introduced programmable payment functionality for its institutional users.
JPMorgan Adds Programmable Payments to JPM Coin
Previously clients would need to set standing orders for payments to take place at a particular time; now they can program them to kick in when the relevant criteria are met.
JPMorgan Debuts Tokenized BlackRock Shares as Collateral with Barclays
JPMorgan, 6 Indian Banks to Settle Dollar Trades on Onyx Blockchain System: Bloomberg
The aim of the project is to settle dollar trades in real time around the clock as opposed to over a matter of days and only during the working week.
SWIFT action: JPMorgan and Visa team on cross-border blockchain payments
Visa is set to integrate its B2B connect network with JPMorgan’s suit of blockchain based cross-border payment products.
JPMorgan CEO calls crypto ‘decentralized Ponzi schemes’
JPMorgan CEO Jamie Dimon regards crypto as a tale of two cities, with “crypto tokens that you call currencies” on one side and “real” innovations on the other.
Goldman Sachs reportedly started trading on JPMorgan’s repo blockchain
Goldman Sachs reportedly traded digitized treasury bonds for JPM Coin on JPMorgan Chase’s Onyx blockchain platform.