JPMorgan Chase & Co. (NYSE: JPM) has come a long way when it comes to crypto. At one point, they used to look at anything blockchain or digital assets with skepticism. CEO Jamie Dimon, who famously called Bitcoin a “fraud” in 2017, has since softened his stance, acknowledging that “the blockchain is real.” Analysts view the move as a full-circle moment for Wall Street’s largest bank, signaling crypto’s acceptance in mainstream finance. But the bank has now made another milestone move that reinforces the ...

JPMorgan Chase & Co. (NYSE:JPM) has started rolling out a deposit token called JPM Coin to its institutional clients, according to a report, as banks continue to broaden their involvement in digital assets.The token, which represents dollar deposits at the world's largest bank, allows users to send and receive money via Coinbase‘s (NASDAQ:COIN) public blockchain Base, Naveen Mallela, global co-head of JPMorgan’s blockchain division Kinexys, told Bloomberg in an interview.Months Of Trial The launch follows a ...