Jamie Dimon continues to criticise Bitcoin while embracing blockchain’s utility, with JPMorgan Chase being a major user of the technology. Despite regulatory scepticism, blockchain’s role in financial services continues to grow.
Cheng YuanJPMorgan's successful blockchain pilot with First Abu Dhabi Bank marks a significant step in crypto adoption across financial institutions, demonstrating the technology's growing influence in cross-border payments and financial services.
Hui XinAmerican investment bank JPMorgan Chase & Co has enabled Euro-denominated payments via the JPM Coin, the native currency for their blockchain.
BitcoinistEthereum’s staking ratio is around 14% compared with an average of 60% for the other major PoS blockchains.
OthersInstitutional investors feel relieved they stayed away from crypto, said Jared Gross.
cryptopotatoThe platform has become less decentralized after the switch to proof-of-stake, the bank said.
CoindeskFormer traditional finance veterans are debuting a crypto career at the crypto ETF issuer 21Shares despite the bear market.
Cointelegraph“What we’ve achieved is the friction-less transfer of collateral assets on an instantaneous basis,” stated JPMorgan’s global head of trading services Ben Challice.
CointelegraphThe banking giant says Terra collapse did not appear to harm the VC market, and things will be looking up for crypto as long as VC stays in.
Cointelegraph"QKD is the only solution that has been mathematically proven resistant to potential attacks based on quantum computing," JPMorgan emphasized in its statement.
Cointelegraph