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JPMorgan Chase & Co executed its first DeFi live trade on a Public Blockchain

Mridul SrivastavaNovember 3, 2022

by Mridul SrivastavaNovember 3, 20220

JPMorgan took participation in Singapore’s first-ever decentralized financing (DeFi) transaction with the country’s central bank. The Monetary Authority of Singapore (MAS) has said that this...

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CEO of JP Morgan Slams Bitcoins and Cryptocurrencies as ‘Decentralized Ponzi Schemes’

Mridul SrivastavaSeptember 22, 2022

by Mridul SrivastavaSeptember 22, 20220

Jamie Dimon, the Chairman, and CEO of JPMorgan Chase has once again attacked cryptocurrencies, focusing on bitcoin. Dimon believes that cryptocurrencies are “decentralized Ponzi schemes.” Nevertheless,...

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Monetary Authority of Singapore partnered with JP Morgan to explore the use of asset tokenization and DeFi

Mridul SrivastavaJune 10, 2022

by Mridul SrivastavaJune 10, 20220

The Monetary Authority of Singapore (MAS), Singapore’s central bank, has joined forces with some of the country’s largest banks and financial services organizations to study...

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JP Morgan Cautions El Salvador’s Transition To Utilize Bitcoin May Strain Framework

Kshitij ChitranshJuly 12, 2021

by Kshitij ChitranshJuly 12, 20210

US mega-bank JP Morgan has cautioned that the small country of El Salvador’s transition to legitimize Bitcoin use may make weight on the Bitcoin blockchain....

Bitcoin Blockchain News

JP Morgan: Bitcoin in for a downfall unless it moves upwards $40,000

John MarksJanuary 18, 2021

by John MarksJanuary 18, 20210

Analysts at JPMorgan Chase & Co said that Bitcoin (BTC) would have to face a future downfall if it does not make a tough move...

Cryptocurrency News

JP Morgan to launch “JPM Coin” for Cross Border Crypto Payments

Akansha KesarwaniFebruary 15, 2019February 15, 2019

by Akansha KesarwaniFebruary 15, 2019February 15, 20190

According to reports by CNBC, JP Morgan Chase will become the first bank in US to launch their own cryptocurrency. The new cryptocurrency will be...

Blockchain News

JP Morgan Executives Give Final Nod to Ethereum

Akansha KesarwaniNovember 5, 2018February 7, 2019

by Akansha KesarwaniNovember 5, 2018February 7, 20190

As per reports by a respected Australian media outlet, prime authorities at JP Morgan have given their final nod to Ethereum. This happened after ETH...

Blockchain News

JP Morgan Bank to Tokenize Gold Bars on its Quorum Blockchain

Akansha KesarwaniOctober 30, 2018May 6, 2019

by Akansha KesarwaniOctober 30, 2018May 6, 20190

According to the Financial Review report, a blockchain platform built by the United States banking giant JP Morgan Bank will be used to tokenize gold...

Blockchain News

JP Morgan’s payments Blockchain IIN has now 75 banks on roll

Akansha KesarwaniSeptember 26, 2018

by Akansha KesarwaniSeptember 26, 20180

JP Morgan on tuesday announced that they’re expanding their Interbank Information Network (IIN), which is the firm’s first live blockchain project. More than 75 major...