807. Crypto Banking vs Boomer Banks | Institutions Battling SEC
Oct 13, 2022 ·
40m 19s
J.P. Morgan is launching a proprietary account-information validator to compete with financial messaging system SWIFT. Confirm will be used in JPMorgan’s own private blockchain, Liink, under the aegis of its...
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J.P. Morgan is launching a proprietary account-information validator to compete with financial messaging system SWIFT. Confirm will be used in JPMorgan’s own private blockchain, Liink, under the aegis of its blockchain infrastructure arm, Onyx. This was all immediately after Jamie Dimon doubled down on his longstanding antagonism toward cryptocurrencies as the JPMorgan Chase CEO told lawmakers that he viewed bitcoin and other digital coins as “dangerous” — likening them to a “decentralized Ponzi scheme.” On this episode, we're taking a look at crypto banking and neo-banks taking on institutional boomer banks.
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~This episode is sponsored by Bybit~
Receive up to a $500 Bonus upon depositing & signing up to Bybit.
Join Now! - https://bit.ly/ByBitPBN2
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| Author | Rever Networks |
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