Latest Crypto News: JPMorgan to launch instant euro-dollar conversions on its blockchain

Link: https://cryptoslate.com/jpmorgan-to-launch-instant-euro-dollar-conversions-on-its-blockchain/

Summary:

JPMorgan has developed instant dollar-euro settlements using its Kinexys blockchain, with the new feature slated to go live in the coming months.  According to a Bloomberg News report, the bank will leverage its proprietary JPM Coin to facilitate fast, secure transactions for participating institutions. Once regulatory approvals are obtained, JPMorgan plans to add sterling transactions to […]

The post JPMorgan to launch instant euro-dollar conversions on its blockchain appeared first on CryptoSlate.

Tags: #crypto #bitcoin #nostr

Why would you even need a Blockchain for this centralised garbage token.

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Exactly! They are missing the point.