International investment bank and notorious Bitcoin skeptic JPMorgan Chase will be the first US bank to issue its own cryptocurrency. JPMorgan: ‘Endless’ Use Cases For Cryptocurrency In a surprising move, Umar Farooq, head of JPMorgan’s blockchain operations, told CNBC trials of JPM Coin would start in the coming months and that three use cases had already emerged. “The applications are frankly quite endless; anything where you have a distributed ledger which involves corporations or institutionsRead MoreThe post JPMorgan Unveils First Bank-Backed ‘JPM Coin’ Cryptocurrency appeared first on Bitcoinist.com.
