Jonny Fry Posted

JPMorgan launched Cryptocurrency – How ironic Jamie Dimon, the CEO of JP Morgan has been one of the most vocal and critical of Cryptocurrencies yet his bank have announced that they are to launch their OWN Crypto currency the JPMCoin. It will be a cryptocurrency pegged to the US$ i.e. a stable coin with each JPM coin backed by one US$ and help their customers to cut transaction costs on international payments and for securities payments and improve the efficiency of their clients treasury departments so hopefully enabling them to make better returns on the capital that they have in...


Comments

5 Years Ago Barry James Said:
Thanks Jonny. It would be hilarious if it were not so tragic.