‘Most of crypto is still junk’ and lacks use case — JPMorgan blockchain head
JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up. Go to Source Powered by WPeMatico
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JPMorgan’s Umar Farooq said that use cases haven’t arisen fully and regulation hasn’t yet caught up. Go to Source Powered by WPeMatico
JPMorgan expects blockchain use in finance to increase as the crypto sector grows. The global investment bank says, “We want to make sure that we are able to not only support that but also be ready to provide related services.” JPMorgan’s Blockchain Plans JPMorgan Chase & Co foresees increased blockchain usage in traditional finance and … Read more
“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. Go to Source Powered by WPeMatico
The Central Bank of Bahrain (CBB), working in partnership with Bank ABC, recently announced it had successfully tested the transfer of funds across borders using JPMorgan’s JPM Coin. The test fulfills the central bank’s goal of creating safe and efficient settlement solutions for customers. Eliminating Inefficiencies in the Cross-Border Payment Arena With CBDCs Bahrain’s central … Read more