Notwithstanding CEO Jamie Dimon's history of hostile to bitcoin talk, JPMorgan plans to direct test its very own JPM Coin cryptographic money not long from now.
JPMorgan guarantees a greater amount of its customers in the United States, Europe, and Japan have been clamoring for its model digital currency to quicken protections exchanging, for example, bonds.
JPMorgan Tests 'Crypto' Amid Bitcoin Bull Market
As anyone might expect, this declaration comes similarly as the bitcoin cost is taking off above $11,000 in the midst of the beginnings of a potential crypto bull run.
Umar Farooq, the head of blockchain at JPMorgan, revealed to Bloomberg that the JPM Coin could empower "moment" conveyance of bonds on a blockchain. The JPM Coin works on Quorum, an Ethereum-based blockchain stage JPMorgan created with Microsoft.
