JP Morgan Archives

Paraguayan MP To Test BTC Bill This Week, JPMorgan Questions Bukele’s Move

July 12, 2021

Traditional financial analysts are pouring uninformed scorn on El Salvador’s President Nayib Bukele’s bitcoin (BTC) adoption plans – while a Paraguayan MP says he has backing from a senator in his bid to laun...

JPMorgan Partners with DBS Bank to Launch Blockchain Payments Platform

April 28, 2021

JPMorgan, one of the largest investment banks in the world, announced today that it has partnered with Singapore’s leading bank, DBS and investment company, Temasek to launch a new cross-border payments platf...

Bitcoin Facing Liquidity Crisis, Says JP Morgan Strategist

February 22, 2021

Bitcoin, the world’s largest cryptocurrency, jumped above $58,200 on Monday as the total market cap of BTC touched $1.1 trillion. Despite the recent price jump, there is one thing to worry about BTC, and that...

Goldman Sachs To Sign On To JPM Coin For Repo Trades

December 11, 2020

Goldman Sachs to sign on to JPM coin for repo trades. Goldman Sachs is allegedly one of several financial institutions to sign on to JPMorgan’s custom blockchain service — a sign that more broker-dealers were...

Russia’s Largest Bank Plans to Issue Digital Currency Next Year

December 1, 2020

Russia’s largest state-owned lender, Sberbank, is gearing up towards crypto as the bank is planning to launch its own digital currency next year, its Chief Executive, Herman Gref revealed. The proposal for l...

JPM Coin Goes Into Production, Launches JP Morgan Onyx

October 28, 2020

Today CNBC reported that JP Morgan’s digital currency JPM Coin is being used commercially by a large technology company for cross-border payments. The initiative was first announced on Valentine’s day last ye...

JPMorgan Pays $2.5 Million For Crypto Class-Action Lawsuit

May 29, 2020

JPMorgan pays $2.5 million for crypto class-action lawsuit. The firm has allegedly agreed to pay $2.5 million to settle a crypto class-action lawsuit. The suit originally filed in 2018, alleges that the bank...

JPMorgan Suggests For The US To Develop Digital Currency

May 24, 2020

JPMorgan suggests for the US to develop digital currency. The firm, who has launched its own coins, has suggested that the US should invest in developing a digital dollar to maintain its place in the global e...

JPMorgan Bank Adds Coinbase And Gemini As Its First Crypto Exchange Customers

May 12, 2020

Its CEO once called bitcoin a fraud but now U.S. banking giant JPMorgan Chase has added its first cryptocurrency exchange customers. The bank has signed on Coinbase and Gemini as its cryptocurrency exchanges....

JPMorgan Chase’s Softens Up Towards Cryptocurrency

February 25, 2020

JPMorgan Chase & Co. (aka "JP Morgan") is the largest bank in the U.S., the sixth largest bank in the world by total assets of around US$2.687 trillion, and the world's most valuable bank by market capita...