Cryptocurrency Analysis and News Portal
Please welcome to the show two JPMorgan blockchain leaders Christine Moy, who’s the global head of Liink, formerly known as IIN, or the Interbank Information Network, and Naveen Mallela, global head of Coin Systems. Christine and Naveen, welcome to the show. Christine Moy: Thanks for having us. Lau: I love that despite
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Hello. A late night interpretative letter from the Office of the Comptroller of the Currency (OCC), the U.S.’ federal banking regulator, saying banks can act as stablecoin nodes was the juice needed to push bitcoin out of the doldrums. JPMorgan analysts see a future where 1 BTC could trade hands
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A major tech firm is about to start using JPM Coin in global payments, as the investment bank doubles down on its blockchain business. Source
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A year-and-a-half after it was first announced, JPM Coin — JPMorgan Chase's in-house stablecoin — is now live and in use by a major transnational tech firm for round-the-clock cross-border payments.According to a report on Oct. 27, this real-world proof that the technology is increasing efficiency and reducing costs has bolstered the megabank's
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The IRS has clarified some questions around crypto disclosures for the upcoming tax season. A popular DeFi application appears to have been attacked. JPMorgan analysts see “considerable” upsides to bitcoin.Top shelfCrypto guidanceThe U.S. Internal Revenue Service has clarified that simply holding cryptocurrencies does not need to be disclosed. A published set
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JPMorgan Blockchain Lead Christine Moy has been promoted to lead the bank’s Ethereum-based Interbank Information Network (INN). Source
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The Dow, S&P 500, and Nasdaq are coming off one of their best weeks of 2020. JPMorgan says the rally won’t last heading into summer. Equity markets typically underperform during the summer, a phenomenon known as ‘selling in May and walking away.’ The Dow and broader U.S. stock market
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JPMorgan Chase, one of the largest global banking corporations based in the United States, has reached worldwide influence with its blockchain-powered Interbank Information Network, a service that allows banks to share information fast and easily.The Director of Financial Sales Corporation Daizaburo Arai, based in the Tokyo branch of the company,
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JPMorgan Chase — whose CEO, Jamie Dimon, once notably expressed skepticism over cryptocurrency — was actually one of the first financial institutions to “learn to love the blockchain.” In 2015, the bank created a division dedicated to exploring emerging technology such as blockchain.We were two of the first members
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Oversea-Chinese Banking Corporation (OCBC), the second-largest bank in South East Asia by assets, has become the first top tier bank of Singapore to join JPMorgan’s Interbank Information Network (IIN), JPMorgan’s live blockchain service specifically developed for cross-border transactions.According to the Business Times Singapore, there are plenty of banks from the
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