• Cryptocurrencies,  Regulation,  Technology

    Blockchain and digital currencies advance in Asia

    India’s largest bank has joined JPMorgan’s Liink payments project as central banks from China, Thailand, and the United Arab Emirates join Hong Kong’s multinational digital currency project

    The State Bank of India, which manages nearly a quarter of the nation’s assets as well as its loan and deposits market, decided to join JPMorgan’s blockchain payments system. Meanwhiles, the State Bank of India, a nationally owned retail bank, will use JPMorgan’s Liink blockchain system to make its cross border-payments faster and cheaper.

  • JPM Coin goes live
    Cryptocurrencies,  Technology

    JPMorgan’s digital currency goes live

    The first bank-created cryptocurrency, the JPM Coin, will be used for cross-border payments by a global IT firm starting this week

    The bank has also created a new division for its digital currency and blockchain business called Onyx. The move marks the bank’s belief that the technologies are ready to be commercialized