The United States’ largest bank, JPMorgan Chase (JPM), is expecting to pilot its own cryptocurrency JPM Coin by the end of 2019, according to a Bloomberg report on June 25. Umar Farooq, head of digital treasury services and blockchain at JPMorgan, has revealed the company’s intention to launch pilot testing of JPM Coin with selected clients “around the end of the year” in case if relevant

Telecom giant Samsung has invested 2.6 million euros ($2.9 million) into crypto wallet manufacturer Ledger, the French financial publication Capital reports. The investment gives the France-based startup a nearly $290 million valuation, per the report. The news came shortly after CoinDesk Korea reported that Samsung is developing a blockchain platform and native digital asset of its own. The project, which

By CCN: France is pushing the boundaries with its new crypto regulatory framework, which it unveiled a week ago. Now the government plans to pressure other EU states to take the “right” approach to crypto regulation. French officials are acutely aware that the blockchain is an emerging field with proven risks, and they have employed a heavy screening

A panel Wednesday featuring JPMorgan and Circle was set up by Christine Lagarde as a face-off between incumbent and disruptor. The managing director of the International Monetary Fund designated roles for each person on her panel of four. In the incumbent corner: two regulators and JPMorgan. In the other: crypto fintech company Circle. The topic: “Money

Una cinquantina di ingegneri e informatici sta lavorando in gran segreto a Menlo Park, sotto la guida di David Marcus, l’ex presidente di PayPal, in un ufficio isolato, con un apposito badge, in modo che nessun altro dipendente possa sbirciare. La squadra è impegnata a mettere a punto il progetto che potrebbe essere il fulcro della

More than 40 central banks worldwide are experimenting with blockchain technology, says a new report by the World Economic Forum. Published Wednesday, the report analyzes how different central banks are either examining what blockchain can be used for or are outright experimenting with central bank digital currencies (CBDCs). “It’s very much the case that several

BILL H.R. 922 – HANDLING PRICE MANIPULATION Representatives Darren Soto and Warren Davidson have introduced two new blockchain-related bills on January 30th. The first one called H.R. 922 – Virtual Currency Consumer Protection Act of 2019,  is aimed at tackling the issue of price manipulation. According to the document, the Chairman of the Commodity Futures Trading Commission