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JPM Coin is a dollar-backed cryptocurrency from the bank JP Morgan Chase, announced in February 2019 as an institution-to-institution service. [1] [2] [3]JPM Coin is intended to serve as a value token on the Quorum consortium blockchain, using software (called "Quorum") also built by JPMorgan Chase, and is used to facilitate interbank payments on the Interbank Information Network (IIN).
JPMorgan Chase: 1959 Chase Manhattan Bank: Clinton Trust Company Chase Manhattan Bank: JPMorgan Chase: 1959 Chemical Corn Exchange Bank: New York Trust Co. Chemical Bank New York Trust Co. JPMorgan Chase: 1961 J. P. Morgan & Co. Guaranty Trust Co. of NY Morgan Guaranty Trust Co. of NY: JPMorgan Chase: 1960 American Commercial Bank: North ...
In April 2021, JP Morgan Chase, UBS, and MasterCard announced that they were investing US$65 million into ConsenSys, a software development firm that builds Ethereum-related infrastructure. [50] There were two network upgrades in 2021. The first was "Berlin", implemented on 14 April 2021. [51] The second was "London", which took effect on 5 ...
Shares of JPMorgan Chase (NYSE: JPM) and Bank of America (NYSE: BAC), the two largest banks in the country, traded roughly 4.2% and nearly 5% higher, respectively.
A former JPMorgan Chase & Co <JPM.N> foreign exchange trader was sentenced on Thursday to eight months in prison, following his Nov. 2019 conviction for conspiring with traders at other banks to ...
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