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#institutional cryptocurrency adoption

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Jamie Dimon Criticizes Bitcoin as JPMorgan Expands Into Ethereum With New Move
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Jamie Dimon Criticizes Bitcoin as JPMorgan Expands Into Ethereum With New Move

Key Highlights: JPMorgan is expanding its dollar-denominated deposit token, JPM Coin, directly onto the Ethereum mainnet. The deposit token was previously launched on Base, an Ethereum Layer 2 network developed by Coinbase. JPM Coin offers institutional clients the ability to execute deposits and payments 24/7 in near real-time, bypassing conventional banking hours. JPMorgan Expands JPM ...