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JP Morgan Launches the First Crypto Backed by a U.S Bank

For more latest news update on Cryppcurrency Bitcoin & free Crypto trading signal on telegram join below given Telegram channel Join- https://t.me/btctradingclub JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every day. It intends to use the JPM Coin to move a fraction of these in a trial run. The biggest bank in the U.S, JP Morgan has had a love-hate relationship with the crypto and blockchain industry. Its CEO, Jamie Dimon has been one of the biggest bitcoin critics globally. He has previously labeled bitcoin one of the biggest scams in history. The New York-based bank also joined Wells Fargo in banning the purchase of cryptos through their credit cards. However, JP Morgan has remained supportive of blockchain technol...

Mining the future: Why Sweden is leading the Cryptocurrency Revolution

More news latest update on Cryptocurrency trading & crypto trading signal on Telegram visit below given telegram channel Visit -    https://t.me/btctradingclub  Bitcoin: some call the world’s best-known cryptocurrency a fad, others call it the future. Whichever it turns out to be, there’s no denying it presents a fascinating alternative to traditional currency. Sweden has enthusiastically embraced bitcoin and is marching at the forefront of the cryptocurrency revolution. “Sweden is among the leaders in the global bitcoin market,” confirms Claire Ingram Bogusz, a researcher at Stockholm School of Economics specialising in bitcoin and other cryptocurrencies.  “There’s a very high-level of knowledge about it here, and a high-level of digital competence in the Fintech space,” she says, referring to Stockholm’s status as the second largest FinTech hub in Europe. We may not be the size of Hong Kong or London, but it’s hard to find that level of digital ...