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JPMorgan Chase Admits Cryptocurrency Is a 'Risk' to its Business for the First Time

Despite JPMorgan Chase CEO Jamie Dimon having called Bitcoin a “fraud,” the big bank is now taking cryptocurrency very seriously—acknowledging the blockchain-based technology as a veritable threat to its future. In JPMorgan Chase's annual report, released Tuesday afternoon, the bank counted ...

from Google Alert - cryptocurrency http://ift.tt/2BVzd2z

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Crypto officially becomes a "third category" of property, fixing the fatal flaw in digital asset ownership.

A gold Bitcoin coin and a gold Ethereum coin displayed on a Union Jack flag in. Cover art/illustration via CryptoSlate. Image includes com...

 
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