What Cryptocurrency Has Major Backing From Jp Morgan Chase

Last Updated on June 11, 2023 by Paganoto

The First Major U.S. Bank Just Launched a Cryptocurrency

JPM Coin. It's been a long time coming — but it still feels surprising. New York-based investment bank JP Morgan Chase is launching the first-ever major cryptocurrency backed by a U.S. bank. The digital token, dubbed "JPM Coin," will be used to "instantly settle payments between clients," CNBC reports.

JP Morgan is rolling out the first US bank-backed cryptocurrency

The first cryptocurrency created by a major U.S. bank is here — and it’s from J.P. Morgan Chase. The lender moves more than $6 trillion …

Bitcoin: JPMorgan, led by Jamie Dimon, quietly unveils access …

JPMorgan, led by bitcoin skeptic Jamie Dimon, quietly unveils access to a half-dozen crypto funds.

J.P. Morgan to launch a U.S. dollar-backed cryptocurrency

J.P. Morgan Chase plans to launch what is considered to be the first cryptocurrency backed by a major bank, a move that could legitimize …

Coin Systems | Onyx by J.P.Morgan

Digital solutions enabling instant transfer and clearing of multi-bank, multi-currency assets on a permissioned distributed ledger. · About Coin Systems.Missing: ~~major~~ ‎| Must include: major

JPMorgan to Launch JPM Coin – Investopedia

JPMorgan Chase & Co. announced the creation of JPM Coin, a digital token representing a fiat currency, in a news release issued in February 2019.

JPMorgan Unveils First Bank-Backed 'JPM Coin' Cryptocurrency

International investment bank and notorious Bitcoin skeptic JPMorgan Chase will be the first US bank to issue its own cryptocurrency.

Bitcoin About-Face: JPMorgan Opens Crypto Trading To All …

In an ironic twist given CEO Jamie Dimon’s well-established distrust of the industry, JPMorgan has reportedly become the first major US bank …

J.P. Morgan is using Ethereum to launch a 'digital U.S. dollar'

J.P. Morgan is not the first U.S. bank to issue a blockchain-based digital coin that represents the U.S. dollar.

JPMorgan Chase Moves to Be First Big U.S. Bank With Its …

The firm’s new digital token, JPM Coin, is another step in Wall Street’s evolving approach to using blockchain, the technology behind …

Paganoto

Pagaonoto is an SEO editor and cryptocurrency researcher for various publications.