When it comes to JP Morgan (NYSE:JPM) and all things crypto, Jamie Dimon, its outspoken chairman and CEO, just cannot keep his mouth shut. Jamie Dimon and his bank were recently the center of attention when it became the first bank to issue cryptocurrency, but praise soon turned to criticism when it became known that…
Read more
If you were even the least bit interested in all-things-crypto, and for that matter, in all-things-banking, then last week’s financial press mayhem following JPMorgan’s crypto announcement came off as a circus sideshow. Distractions abounded under the Big Tent. The stands were filled with crowding masses and unruly press patrons shouting praise and abuse, while hawkers…
Read more
The concept of a stablecoin is not new news. The fact that Jamie Dimon, the CEO and Chairman of JPMorgan Chase (NYSE:JPM), has continually bashed Bitcoin is not new news either, nor is the fact that his bank’s developers have been silently working in the background on ways to leverage blockchain technology to the bank’s benefit.…
Read more