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Bitcoin-hater JPMorgan starts its own crypto



The big Wall Street bank itself starts a crypto coin: JPM Coin.



15.Feb.19 10:22 AM
By Abigail Richards
Photo toinnov.com

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Bitcoin-hater JPMorgan starts its own crypto
Jamie Dimon, chief of investment bank JPMorgan, called bitcoin "a fraud" and "air bubble". Now the big Wall Street bank itself starts a crypto coin: JPM Coin.

According to sources at the bank at CNBC business channel, the group is well advanced. The currency was developed in-house, as many banks experiment with the crypto coins. They are particularly interested in the blockchain, the digital ledger on which all transactions are recorded. Some other minor and major banks are also experimenting with a currency and blockchain.



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