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JPMorgan Says It May Have to 'Adapt' to Counter Crypto Adoption

JPMorgan Chase has become the third major banking institution to list cryptocurrencies as a possible risk factor for its business.

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Markets

Digital Currency Group Invests in Bitcoin-Friendly Silvergate Bank

Cryptocurrency VC firm Digital Currency Group has confirmed an investment in bitcoin startup-friendly Silvergate Bank.

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Markets

R3 Pilots Blockchain Trade Finance Platform with Global Banks

Blockchain startup R3, trade finance tech provider TradeIX and major banks have moved their Marco Polo trade finance platform to the pilot stage.

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Markets

Dutch Bank ING Says Crypto Exchange Bitfinex Is An Account Holder

Troubled cryptocurrency exchange Bitfinex has reportedly secured a banking relationship, according to reports by Bloomberg and Reuters.

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Markets

Who's Said What About the Coinbase-Visa Dispute

A Visa spokesperson claimed that neither it nor Coinbase were responsible for last week's charging issue seen by the crypto-exchange's customers.

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Philippines Banks to Use Visa's Blockchain Payments Platform

Five banks in the Philippines are teaming up to use Visa's blockchain-based payment system, according to a report.

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Markets

Crypto Asset Lending Startup BlockFi Raises $1.55 Million

BlockFi, a startup that offers U.S. dollar loans to crypto-asset owners, has raised $1.55 million in capital from investors.

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South Africa's Central Bank Eyes JPMorgan Blockchain Tech

South Africa's central bank has launched a program that will trial JPMorgan's Quorum blockchain for interbank clearing and settlement.

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JPMorgan Report: Crypto Could One Day Help Diversify Portfolios

Cryptocurrencies could one day help investors diversify their equity and bond portfolios, analysts for JPMorgan Chase wrote in a new report.

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ECB President: EU Banks Show 'Limited Appetite' for Cryptocurrencies

Mario Draghi, president of the European Central Bank, has said credit institutions in Europe are not as keen on cryptocurrencies as the public.

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