The stablecoin launched by JPMorgan Chase, ‘JPM Coin’ is now reportedly ready for commercial use, according to the bank’s global head of wholesale payments. JPMorgan has also created a new blockchain unit called Onyx.
Cryptocurrency lender BlockFi has acquired 5.07% of Grayscale’s $4.8 billion bitcoin trust, or 24,235,578 GBTC shares, according to filings with the U.S. Securities and Exchange Commission (SEC).
San Francisco-based cryptocurrency exchange coinbase has disabled trading due to feed issues as the price of bitcoin has been moving up towards 2019 highs near $14,000.
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Top stories in the Crypto Roundup today:
- JPMorgan’s ‘JPM Coin’ Is Ready for Commercial Use, Executive Says
- Crypto Lender BlockFi Buys 5% of Grayscale’s Bitcoin Trust
- Coinbase Suffers Outage as Bitcoin Rises Towards 2019 Highs
- CRV, BZRX, COMP Are Moving in the Crypto Market
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