It seems like just yesterday that JP Morgan CEO Jamie Dimon bashed bitcoin as “a fraud” and warned it “won’t end well” for investors (though he failed to mention that the bank had been buying bitcoin-linked ETNs traded on a Scandinavian exchange). But in a sign that banks are still seriously exploring applications for blockchain technology despite the blowup in the prices of crypto tokens, JPM announced that it would be rolling out the first cryptocurrency launched by a US bank, according to CNBC.
After banning the purchase of cryptocurrencies by its credit card customers last year, JPM said it will soon begin testing a stablecoin technology in its wholesale payments business now that its engineers have produced a finished product.
Learn More:
https://www.zerohedge.com/news/2019-02-14/jp-morgan-becomes-first-bank-launch-its-own-cryptocurrency
Your Support of Independent Media Is Appreciated:
If the link above is for some ODD Reason Not Working, Try This One! https://www.paypal.com/donate/?token=KfqWBwPSOLd–fmJaPZfY9Eq6Zfk-Sk7DnxfQwzmt823KbwNtQ60CqF8ZcsRktpyAWrLCm&country.x=US&locale.x=US&Z3JncnB0=
Bitcoin- 1Nmcbook8TwAdtZHsMdVxRtjBnyrSArDH5
Bitcoin Cash- qzjvcvkfhzffcgc89mcnvuka0lljjuu4dvalrafmj0
www.undergroundworldnews.com
My Other Youtube Channel- https://www.youtube.com/Dahboo777
https://www.facebook.com/DAHBOO7
https://www.instagram.com/dahboo7/
Related Post:
- Jamie Dimon Regrets calling Bitcoin a Fraud – Mark Zuckerberg Studying Cryptocurrency
- Ripple investing in PRIVACY Elixxir & Bolt Labs, Vitalik talks XRP, Jamie Dimon JPM
- Banking Fraud vs Cryptocurrency Fraud | Keiser Report RT
- BREAKING: J.P. MORGAN Launches It’s Own CRYPTOCURRENCY | JPM COIN? ?
- JP Morgan launches New Cryptocurrency – JPM Coin
- FLORIDA RAPPER/BURGLAR KILLED AFTER WINDOW SLAMMED DOWN PINNING HIM IN THE AIR
- BG 123 Yes Yes yEs Bank Ripple Partner. One Drop will Monsoon Yes Bank.YES Bank blockchain India
- World Bank and IMF Together Launches ‘Learning Coin’ Cryptocurrency. XRP AFTER DARK
- Ripple XRP: Brad Garlinghouse’s Case Against Bank Coins & The Problem With JPM Cryptocurrency
- DOJ investigating cryptocurrency Tether for bank fraud: Report