The crypto market slides amid growing uncertainty. Let’s explore the key trends and events on Nov. 12.
JPMorgan has officially rolled out its blockchain-based deposit token, JPM Coin, for institutional clients. The token represents US dollar deposits held at the bank and enables users to send and receive funds through Coinbase’s Base public blockchain.
The launch will allow payments to be completed within seconds, without the delays related to traditional banking hours.
JPMorgan plans to extend the service to additional blockchains in the future.