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Bitcoin.com 2023-09-09 22:00:09

JPMorgan Mulls Blockchain-Based Deposit Token, Report

America’s biggest bank by assets, JPMorgan Chase, is exploring a blockchain-based deposit token for cross-border payments and interbank transfers. If approved by regulators, the banking giant may create the digital asset, which would be different from its existing JPM Coin as it could be used to send money to accounts in other banks. JPMorgan Considers

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