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JPMorgan Chase and Coinbase Join Forces to Launch Institutional Deposit Token

Published by bitcoinist.com on 8 hours ago

JPMorgan Chase and Coinbase Join Forces to Launch Institutional Deposit Token

JPMorgan Chase, the largest bank in the United States, is taking substantial steps into the cryptocurrency market with the forthcoming introduction of its own digital currency, dubbed JPMD.

On Tuesday, the bank revealed plans to launch a pilot program for JPMD in partnership with the US-based cryptocurrency exchange Coinbase. This initiative highlights JPMorgan's dedication to advancing innovation within the financial industry.

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