JPM Coin

Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says

The global bank is also “keeping a very close eye” on DeFi, says Umar Farooq, head of JPMorgan’s Onyx blockchain team.

Business  ·  7 June 2021

ConsenSys Acquires JPMorgan’s Quorum Blockchain

Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio.

Business  ·  25 August 2020
JPM Coin

Wells Fargo’s Stablecoin ‘Faster, Cheaper’ Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

Business  ·  20 September 2019
JPM Coin

Deutsche Bank Joins JPMorgan’s Crypto Payments Network

JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.

Business  ·  16 September 2019
JPM Coin

JPMorgan CEO Dimon Says Crypto Companies ‘Want to Eat Our Lunch’

Dimon believes blockchain is real and is wary of the competition it brings.

Markets  ·  28 June 2019
JPM Coin

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.

Markets  ·  10 April 2019
JPM Coin

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.

Business  ·  6 March 2019
JPM Coin

Jamie Dimon: JPM Coin Could ‘One Day’ See Consumer Use

JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.

Markets  ·  26 February 2019
Lightning Network

Will Crypto Torch Jamie Dimon?

The $156 in bitcoin being passed via the "Lighting Torch" is a bigger deal than trillions in JPM Coins would be, writes Michael J. Casey.

Markets  ·  18 February 2019
Ethereum

‘Already Live’: Signature Bank Is Moving Millions on a JPMorgan-Like Private, Dollar-Backed Cryptocurrency

While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this.

Business  ·  14 February 2019