International bank JPMorgan will allow clients to buy Bitcoin, but will not offer custody services, according to the bank's CEO, Jamie Dimon.
The CEO remains skeptical of cryptocurrencies, particularly bitcoin, but shows a slight openness, although he still considers the asset worthless.
Earlier…
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JPMorgan
JPMorgan predicts a boost in the value of Bitcoin in August
The cryptocurrency market and specifically Bitcoin would experience a new boost in the month of August, according to JPMorgan analysts.
Currently, the main cryptocurrency on the market is facing bearish pressure that has prolonged a…
CEO of JPMorgan issued criticism against cryptocurrencies
The leader of JPMorgan Chase, Jamie Dimon, voiced strong criticism against bitcoin and other cryptocurrencies during his remarks Wednesday at the U.S. Capitol, suggesting the need for their ban, CNBC reports.
"I have always been strongly…
JPMorgan buys First Republic bank assets
The regulatory services of the United States have announced this Monday that JPMorgan has bought the assets of the First Republic bank after its intervention and closure "to protect depositors", after becoming the third entity to fail in…
JPMorgan will seek 500 employees in Latin America
JPMorgan intends to hire more than 500 people in Latin America in the next three years as it gains market share and takes advantage of the surge in the acquisition financing business.
JPMorgan's hiring plans for the next three years will…
Siemens and JPMorgan to launch blockchain payments system
Blockchain technology continues to gain ground in the financial market. Siemens and JPMorgan Chase have entered into an agreement that will allow them to jointly develop a blockchain-based system for business-to-business payments and…
Morgan Stanley launches cryptocurrency research team
Morgan Stanley created a new research division that aims to investigate the development of crypto assets and for this it appointed Sheena Shah as the main cryptocurrency analyst. Shah comes from playing a crucial role as Morgan Stanley's…
Major international banks have investments in blockchain projects
International financial institutions are entering the blockchain ecosystem. This was highlighted in the research carried out by the Blockdata consultant, which reflects that "55 of the 100 main fundamental banks have investment…
Wells Fargo offers Bitcoin transactions
Wells Fargo's high-value clients will be able to expose themselves to Bitcoin (BTC) and other cryptocurrencies. This was reported by a spokesman for the American multinational, joining the growing list of traditional financial institutions…
France and Singapore jointly test cbdc
The Bank of France and the Monetary Authority of Singapore (MAS) are jointly testing digital currencies issued by central banks, according to a joint statement.
Both institutions ensured that the cross-border settlement and payment…