JPMorgan’s ‘JPM Coin’ Is Live, Execs Say

A major government-owned bank, the State Bank of India, has become the first Indian bank to join JPMorgan’s blockchain network Liink. The State Bank of India, or SBI, a major Indian government-owned bank, is looking to improve cross-border payments with a blockchain solution by American investment bank JPMorgan Chase.According to a Feb. 23 report by The Economic Times, the SBI has joined Liink, a new blockchain-based interbank data network developed by JPMorgan. By integrating the technology, the bank expects to reduce transaction costs and improve cross-border payments for its....

The U.K.-registered EXMO exchange is one of the many crypto startups to go through the FCA approval process. Execs detailed the work it took to get there.

Tatiana Moroz, a singer-songwriter and entrepreneur, is the pioneer of revolutionary crowd funding model. PRLog (Press Release) – May 30, 2014 – NORTH BERGEN, N.J. — Tatiana Moroz, a New Jersey-based, singer-songwriter and entrepreneur is releasing her “Tatiana Coin”, the first-ever artist crypto currency aka “Artist Coin”. “Tatiana Coin” will use a Bitcoin-driven platform to empower fans and music lovers alike to directly contribute to Tatiana’s 3rd album release and subsequent tour. Early fundraising goals are $50,000 up to $250,000. The 30 day crowd-sale campaign will start June 2nd,....

Coinbase’s largest investors — Andreessen Horowitz, Union Square, Ribbit Capital — have already roped in multi-billion-dollar profits. April 14 was considered by many crypto enthusiasts all over the world as a watershed moment for the digital asset industry, as it marked the day when Coinbase, one of the largest crypto trading platforms in the world, made its debut on Nasdaq via a direct listing. As one can imagine, the lead up to the moment was replete with a market-wide surge, with Bitcoin (BTC) scaling up to a price point of $64,800 a day before the listing went live.In the run-up to....

Research from Tyr Capital Arbitrage SP refutes JPMorgan’s claim that a Bitcoin ETF holds negative connotations for BTC's price. Strategists at JPMorgan Chase caused quite the stir in January when they informed clients that the approval of a Bitcoin (BTC) exchange-traded fund, or ETF, would be a short-term headwind for the digital asset. A United Kingdom-based cryptocurrency hedge fund manager is attempting to pour cold water on those claims, asserting that JPMorgan’s analysis isn’t based on quantitative analysis or in-depth research.The crux of JPMorgan’s argument is that a new....