The United States Patent and Trademark Office (USPTO) has granted JPMorgan Chase Bank’s trademark registration for “J.P. Morgan Wallet” for use in a wide range of financial services, including virtual currency transfers and exchanges, as well as crypto payment services. JPMorgan Chase’s Wallet Trademark JPMorgan Chase Bank has successfully registered a wallet trademark with the…
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Global investment bank JPMorgan has warned of the crypto market facing weeks of deleveraging stemming from the crisis at Sam Bankman-Fried’s crypto exchange FTX.com and trading platform Alameda Research. The firm’s analysts also predicted that the price of bitcoin could fall to $13,000. JPMorgan on FTX and Bitcoin’s Price JPMorgan Chase’s analysts, led by global…
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Amidst the drama surrounding the busted deal between FTX and Binance, banking giant JP Morgan has commented on the current state of Bitcoin and the broader crypto market. If FTX does file for bankruptcy, the contagion could be massive. As Bitcoinist reported today, FTX CEO Sam Bankman-Fried confirmed in a call with his investors shortly…
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Digital asset management technology METACO announced that the Union Bank of the Philippines is now live on its flagship platform Harmonize, to launch a pilot program for crypto custody and trading services for select retail customers. The pilot will include bitcoin (BTC) and ethereum (ETH)…. Read More: Union Bank of Philippines Launches Crypto Trading Services – Which Coins Are Included? Read more »Sign…
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Major investment bank JPMorgan is exploring a future in “the new web” that would see users “freely traverse across digital realms in a trusted way, all using one digital identity in multiple places.” More precisely, it is exploring the idea of a digital wallet, or a Web3 digital ID offering. It is not clear how…
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JPMorgan Chase’s president that crypto “is kind of irrelevant in the scheme of things.” Commenting on the U.S. economy, he defended the Federal Reserve’s hawkish stance, emphasizing that if the Fed’s action “causes a slightly deeper recession for a period of time” then “that is the price we have to pay.” JPMorgan Chase President on…
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JPMorgan Chase & Co. has hired bankrupt crypto lender Celsius Network’s former head of policy and regulatory affairs as its new head of digital assets regulatory policy. The move followed JPMorgan CEO Jamie Dimon telling U.S. Congress that crypto tokens, like bitcoin, are “decentralized Ponzi schemes.” JPMorgan Chase Hires Head of Digital Assets Regulatory Policy…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Crypto News Summary: Celsius Faces US Federal ‘Investigations’, IRS Puts Crypto, NFT & Stablecoin in Digital Asset Category, HackNotice Accepts BTC, XMR Read more »Sign up for e-EUR – the progressive…
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Bank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. “The consumers basically have more money in their accounts by multiples than they did pre-pandemic,” said the Bank of America chief. Bank of America’s CEO: US Economy…
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JPMorgan Reportedly Terminates Relationship With Kanye West, Rap Star Says He’s Happy to Speak Openly About Being ‘Canceled by a Bank’
On October 12, the conservative influencer and political commentator, Candace Owens shared a letter on Twitter that shows JPMorgan allegedly closed Kanye West’s (also known as Ye) bank accounts. The hip-hop star and rapper has been accused of making antisemitic statements in recent times, and some of his tweets have been removed from Twitter. Political…
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