Wall Street titan and noted basher Jamie Dimon said that JPMorgan’s controversial could one day be used for consumer payments.
“JPM Coin could be internal….it could one day be consumer,” said Dimon in a CNBC quote.
As CCN , JPMorgan shocked Wall Street and Main Street alike last week when the major financial institution announced that it would launch its own , dubbed “JPM Coin.”
There is about whether “” is an appropriate label for the which will run on a privately-managed , but the consensus is that the provides a major stamp of legitimacy for the asset class nonetheless.
Developing…Please Check back for updates.
Jamie Dimon Image from REUTERS / Benoit Tessier
Published at Tue, 26 Feb 2019 19:12:53 +0000
