This is how JPMorgan's cryptocurrency is different from bitcoin



[ad_1]

3 hours ago

J.P. Morgan Chase will be the first major US bank to create its own cryptocurrency. In the trials to begin in a few months, a tiny fraction of the $ 6 trillion that the bank lends to businesses will end up under a title called "JPM Coin". The digital token created by New York-based bank engineers to instantly settle payments between customers. CNBC banking reporter Hugh Son breaks it down.

[ad_2]
Source link