JP Morgan has a new digital asset, JPM Coin. It’s not really a cryptocurrency, and it’s not quite a stablecoin, but it does use a blockchain. It’s mostly referred to as a digital coin. Still, JPM Coin ...
The launch of JP Coin could represent the beginning of a sea change for mainstream financial institutions. But it won’t have an effect on cryptocurrency prices in general.
The launch follows a months-long trial period for JPM Coin, involving firms such as Mastercard (NYSE:MA), Coinbase, and B2C2. Plans for a pilot period for JPM Coin, whose ticker is JPMD, were first ...
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