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JPMorgan Chase Settles in Suit Over Credit Card Crypto Purchases

The sixth-largest bank worldwide, JPMorgan Chase Bank, has settled a lawsuit over unannounced changes made to the fee structure applied to cryptocurrency purchases made using its credit cards in 2018. The details of the settlement have not been disclosed.Plaintiffs Brady Tucker, Ryan Hilton, and Stanton Smith accused Chase Bank

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JPMorgan Considers Merging Blockchain Unit with Consensys

The blockchain world may soon be seeing a major merger with the traditional financial sector.JPMorgan Chase, the United States’ largest bank, is reportedly considering merging its in-house blockchain unit Quorum with major Ethereum-focused firm ConsenSys.According to  a Reuters report on Feb. 11, unnamed persons familiar with the matter claim

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JPMorgan May Merge Its Blockchain Project With Ethereum Studio Consensys: Report

Banking giant JPMorgan Chase may soon merge its Quorum blockchain project with ConsenSys, the ethereum-focused software developer and investor.According to a Reuters report Tuesday citing "people familiar with the plans," while the terms of the deal currently under discussion are still not agreed, the merger might happen within the next

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Former JPMorgan Exec Joins Binance as Latin American, European Director

Former Huobi counsel and regional director Josh Goodbody is shifting to a similar role at Binance, one of the world's largest crypto exchanges by trading volume.Goodbody comes aboard as the exchange's new director of European and Latin American Growth and Institutional Business, Binance announced Thursday. He was most recently head

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JPMorgan Report Shows Bitcoin Institutional Demand is Rising, And It’s Crucial

According to JPMorgan managing director Nikolaos Panigirtzoglou, the activity of the CME bitcoin futures contract has increased in the past year. It indicates that the demand for BTC and new options contract for the dominant cryptocurrency is high.Institutional demand for bitcoin is critical in long-termThe cryptocurrency market has grown throughout

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