jamie dimon

Recently, JP Morgan Chase & Co. issued its annual letter to shareholders, in which Jamie Dimon, the company’s CEO, spoke about Silicon Valley’s startups as new rivals that are looking to compete with banks.

JP Morgan’s Jamie Dimon Believes Libra Is Not a Short-Term Concern
July 18th, 2019

In recent news, Jamie Dimon from JP Morgan has said that he believes Facebook’s Libra isn’t a short-term concern of an impact on the traditional banks.

Is Bitcoin Still an Evil? US Customs Seized JPMorgan’s Ship Filled With Cocaine
July 10th, 2019

U.S. customs seized a ship full of cocaine owned by JPMorgan Asset Management. They declined to comment but everybody remembers how their CEO Jamie Dimon compared Bitcoin with the criminal activity.

World’s Major Banking Giants Invest $63M into the New Digital Token
June 4th, 2019

Global banking giants including Barclays from Europe, Credit Suisse, UBS, and MUFG Bank, together announce the Utility Settlement Coin (USC) cryptocurrency to leverage instant cross-border settlements at reduced costs.

XRP Fans Strike Back After Forbes Journalist Calls Ripple a Scam
March 4th, 2019

Ripple (XRP) has been at the center stage of the cryptocurrency industry with many great developments in its favor. However, Forbes’s Jason Bloomberg published an article saying Ripple is a scam.

JPMorgan Tests Ethereum Privacy Tech ‘AZTEC’ with Zero-Knowledge Proofs
March 1st, 2019

Having launched its own digital asset, JPMorgan Chase is now exploring the capacities of a new Ethereum privacy tech AZTEC based on zero-knowledge proofs.

JPM Coin Could Become Commercial and Be Used for Retail Payments, Says Jamie Dimon
February 27th, 2019

According to J.P. Morgan CEO Jamie Dimon, their controversial JPM Coin created for institutional clients could have a consumer use one day.

Warren Buffett Calls Bitcoin a ‘Delusion’: Key Takeaways from the Latest Interview
February 26th, 2019

Warren Buffett, chairman and CEO of investment conglomerate Berkshire Hathaway, began a week taking a fresh dig at Bitcoin.

Cryptos Will Force Out Fiat Currencies in a Matter of Five Years, Claims Famous VC Tim Draper
February 19th, 2019

The crypto winter is not a reason to lose hope. Tim Draper strongly believes that the era of fiat currencies ends in 5 years.

JP Morgan’s Newly-Created JPM Coin Sparks Ambivalent Feelings Within Crypto Community
February 15th, 2019

As the payment flow of JPM Coin demonstrates several of Ethereum’s core benefits for the finance and banking industry, some are afraid of the impact JPM Coin may have on other coins, including Bitcoin, XRP, and the crypto market in general.

‘JPM Coin’: JPMorgan Chase Announces World’s First Bank-Backed Cryptocurrency
February 14th, 2019

The banking giant’s JPM Coin will be majorly used for the institutional purpose to transfer money, securities and other assets globally by leveraging the power of blockchain.