JPMorgan Chase to introduce its own digital currency by end of year

JPMorgan Chase (JPM), one of America’s premier banking institutions, is set to host its own separate digital currency by the end of this year. Reports indicate that the currency has been assigned the working name ‘JPM Coin’. Umar Farooq, an official from the company’s department of digital treasury services and blockchain, disclosed that the firm intended to begin testing the coin with a few premier clients somewhere around the end of the year, assuming it passed regulatory checks. Mr Farooq believes that the firm’s decision mirrors a heightened interest from its worldwide customer base over a prospective crypto project. He