Major US bank JPMorgan has taken the wraps off ‘JPM Coin,’ a blockchain-based “digital coin” that customers can receive by depositing US currency into their bank accounts. The digital currency can be redeemed at JPMorgan banks for US dollars, as well, offering those customers an alternative to existing cryptocurrencies. JPM Coin differs from bitcoin, however, in multiple important ways. The …
Major US bank JPMorgan has taken the wraps off ‘JPM Coin,’ a blockchain-based “digital coin” that customers can receive by depositing US currency into their bank accounts. The digital currency can be redeemed at JPMorgan banks for US dollars, as well, offering those customers an alternative to existing cryptocurrencies. JPM Coin differs from bitcoin, however, in multiple important ways. The …
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