New JPMorgan Report Weighs in on Bitcoin's Mt. Gox Problem
Just weeks after JPMorgan released its first report on bitcoin, the US-based multinational financial services company has weighed in on ongoing issues related to major bitcoin exchange Mt. Gox. Authored by the company's head of global FX strategy, John Normand, the new one-page report - available publicly to JPMorgan's clients - draws comparisons between bitcoin exchanges and traditional central banks. Perhaps, most notably, Norman addressed the inability of Mt. Gox customers to transfer funds to third parties, writing: "If such a restriction sounds a bit like the exchange controls that....
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