JPM Coin

JPM Coin

Finance

Remember JPM Coin? Next Step Is Programmable Money, Bank Exec Says

The global bank is also “keeping a very close eye” on DeFi, says Umar Farooq, head of JPMorgan’s Onyx blockchain team.

Umar Farooq, JPMorgan's blockchain chief

Finance

ConsenSys Acquires JPMorgan's Quorum Blockchain

Quorum, the enterprise blockchain platform developed by mega-bank JPMorgan Chase, is to be acquired by ConsenSys, the Brooklyn-based Ethereum venture studio.

Inside ConsenSys in 2016 (CoinDesk archives)

Markets

Wells Fargo's Stablecoin 'Faster, Cheaper' Than SWIFT, Says Exec

Wells Fargo’s innovation lead says the bank’s new digital cash for internal transfers is faster and more efficient than SWIFT. 

wells, fargo, bank

Markets

Deutsche Bank Joins JPMorgan's Crypto Payments Network

JPMorgan's blockchain-based interbank payments initiative, IIN, has added Deutsche Bank as its latest member, bringing the total to 320 banks.

Deutsche Bank

Markets

JPMorgan CEO Dimon Says Crypto Companies 'Want to Eat Our Lunch'

Dimon believes blockchain is real and is wary of the competition it brings.

Photograph by Stefen Chow/Fortune Global Forum

Markets

Christine Lagarde Pits Circle Against JPMorgan in IMF Debate

Decentralized systems are coming for the banks, argued Circle CEO Jeremy Allaire, in a panel Wednesday at the International Monetary Fund.

Photo by Circle. Used by permission.

Markets

Ripple CEO Brad Garlinghouse on JPM Coin: Other Banks Won't Use It

Ripple's CEO gave JPMorgan qualified praise for developing its own cryptocurrency before dismissing the product's usefulness.

Ripple CEO Brad Garlinghouse

Markets

Jamie Dimon: JPM Coin Could 'One Day' See Consumer Use

JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.

Photograph by Stefen Chow/Fortune Global Forum

Markets

Will Crypto Torch Jamie Dimon?

The $156 in bitcoin being passed via the "Lighting Torch" is a bigger deal than trillions in JPM Coins would be, writes Michael J. Casey.

Torch image via Shutterstock

Tech

'Already Live': Signature Bank Is Moving Millions on a JPMorgan-Like Private, Dollar-Backed Cryptocurrency

While crypto-land is abuzz about JPMorgan’s plan to move dollars via blockchain, a smaller New York bank is already doing this.

Signature Bank Chairman Scott A. Shay