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UK Government Urged to Review Chase Bank’s Policy to Decline Crypto Payments
3.10.2023
Bitcoin Policy UK has urged the British government to review Chase Bank’s policy to decline all crypto payments. “It is, of course, the stated policy of this Government that the U.K. become a crypto asset hub, but it is hard to square this policy aim with the actions of this U.K.-regulated bank,”...
AI can be used in 'every single process' of JPMorgan’s operations, says CEO
3.10.2023
JPMorgan’s CEO Jamie Dimon pointed to trading, hedging, research and error detection as just some of the processes that can be streamlined by AI
Coinbase CEO Calls on Chase Customers in UK to Close Accounts After the Bank Says It Will Decline Crypto Payments
29.9.2023
Coinbase CEO Brian Armstrong has slammed JPMorgan’s British retail bank, Chase UK, for changing its policy to block all crypto-related payments. Calling the move by Chase “totally inappropriate,” the Coinbase boss said: “UK crypto holders should close their Chase accounts...
Banking Giants Abuzz About Tokenization of Real-World Assets as DeFi Craves Collateral
28.9.2023
JPMorgan, Citi and Franklin Templeton are digitizing traditional assets. Will they end up trading on crypto networks like Ethereum?
JPMorgan CEO Warns of the Fed Raising Interest Rates to 7% With Stagflation
28.9.2023
JPMorgan Chase CEO Jamie Dimon has expressed concerns about the Federal Reserve potentially raising interest rates to 7% and that the U.S. economy could experience stagflation. “I am not sure if the world is prepared for 7%,” he stressed, adding that there is “a range of outcomes.”...
Coinbase CEO slams Chase UK for ‘totally inappropriate’ crypto move
27.9.2023
Coinbase CEO Brian Armstrong has been actively pursuing the exchange's expansion ambitions in the United Kingdom amid mounting legal issues in the U.S
Will Bitcoin price hold $26K ahead of monthly $3B BTC options expiry?
27.9.2023
Bitcoin trading volumes at a five-year low and the S&P 500 reaching its lowest levels in over three months could spell trouble for BTC bulls
Bahrain’s Bank ABC using JPMorgan’s Onyx blockchain for cross-border payments
26.9.2023
After two years of experiments, JPMorgan and the Bahraini bank will offer U.S. dollar payment settlement in several countries, with plans to expand to euro service as well
Chase UK to Block Crypto Payments Amid Scam Concerns and Regulatory Changes
26.9.2023
JPMorgan Chase & Co.’s U.K. division, Chase UK, is putting the brakes on cryptocurrency-related payments. Come October 16, any Chase UK customers attempting to make a bank transfer or card payment linked to crypto will find themselves thwarted. Chase UK to Halt Crypto Payments...
JPMorgan’s subsidiary Chase UK to restrict crypto transactions
26.9.2023
Starting from Oct. 16, Chase Bank customers in the United Kingdom will no longer be able to make crypto transactions
World May Not Be Ready for U.S. Interest Rate at 7%, JPMorgan CEO Says
26.9.2023
U.S. rates at 7% could push the U.S. economy into a recession, triggering risk aversion in financial markets
Crude Oil on the Rise: JPMorgan Predicts a Surge to $150 per Barrel Amidst Global ‘Energy Supercycle’
25.9.2023
Christyan Malek, the lead for EMEA energy equity research at JPMorgan, predicts that by 2026, crude oil prices could soar to $150 a barrel. Malek believes a looming energy supercycle could be the driving force pushing crude prices upward. Another significant factor, Malek points out, is...
Ethereum's Shanghai Upgrade Has Failed to Boost Network Activity, JPMorgan Says
22.9.2023
Daily transactions, daily active addresses and total value locked on the blockchain have all fallen since the upgrade, the report said
JPMorgan CEO Jamie Dimon Warns of Recession — Says ‘Huge Mistake’ to Think US Economy Will Boom for Years
13.9.2023
Jamie Dimon, chairman and CEO of JPMorgan Chase, has warned that it is “a huge mistake” to think that the U.S. economy will boom “for years” given that there are so many risks out there. The executive stressed: “I just think people make a mistake to look at real-time...
RFK Jr on China and Global Economic Battles; 88,200 Millionaires Got Rich With Crypto, Says Report — Week in Review
10.9.2023
The first full week of September is in the bag, and there’s nary a shortage of crypto and economic news from across the globe. In this edition of the Bitcoin.com News Week in Review, RFK Jr. says China doesn’t want a war, but the government wants to “bury” the United States...
JPMorgan Mulls Blockchain-Based Deposit Token, Report
10.9.2023
America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used...
JPMorgan moves into deposit tokens for settlements: Report
7.9.2023
JPMorgan is reportedly developing the infrastructure to run a new deposit token, allowing settlements between banks for corporate clients
JPMorgan Expects SEC to Approve Multiple Spot Bitcoin ETFs at Once
7.9.2023
Global investment bank JPMorgan expects the U.S. Securities and Exchange Commission (SEC) to approve multiple spot bitcoin exchange-traded funds (ETFs) at once, instead of giving one company the advantage of being the first. The bank’s analyst explained that if the securities regulator wants...
JPMorgan Analyzes De-Dollarization Risk, Potential for Chinese Yuan to Displace US Dollar as Reserve Currency
5.9.2023
JPMorgan has provided an analysis of the risks of de-dollarization and the potential for the Chinese yuan to displace the U.S. dollar as the world’s reserve currency. The global investment bank says the renminbi could assume “some of the current functions of the dollar among non-aligned countries...
JPMorgan Anticipates SEC Approval of Spot Bitcoin ETFs After Grayscale's Victory
4.9.2023
The US Securities and Exchange Commission (SEC) will likely be forced to approve multiple spot Bitcoin (BTC) exchange-traded fund (ETF) applications following the recent Grayscale victory. ...
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