JP Morgan’s new patent will allow investors to turn their assets on the stock market into tokens, or “virtual receipts.” These virtual receipts can be traded and redeemed—much like an ICO token. The assets will also be treated as securities, just as ICO tokens are. The patent explicitly states that the tokens will exist on a “blockchain-based distributed ledger.” Get Into Cryptocurrency Trading Today JPMorgan chief executive says bitcoin is a scam - but his bank is trading in digital currency. The bank negotiates for clients but does not have its own positions; The Bank also filed 175 patent applications for "Alternative Bitcoin" The CME Bitcoin futures market overtook Binance Futures to change into the second-biggest Bitcoin (BTC) futures trade by open curiosity. The information reveals that the institutional quantity is quickly gaining a bigger share of the cryptocurrency market. On Oct. 10, Skew reported that the CME Bitcoin futures market’s open curiosity rose sharply by 1,500 contracts. […] Bitcoin Buzz, Investors/Traders Sprint. What are the Expectations ; Cryptocurrency 24 Hours Recap ; Fintech. Visa Files Patent Application For Digital Currency. from The Coin Radar 3 months ago 0 0 171 “...every time a dollar worth of digital fiat currency is generated, the central entity ensures that a corresponding physical dollar bill is removed from circulation, in order to regulate the ... JP Morgan Chase is reportedly trying again to patent a system for a Bitcoin alternative, according to columnist Ian Allison in the International Business Times.. The patent application, which was ... While Ethereum, Ripple, Bitcoin Cash, Bitcoin SV, and Cardano haven’t moved sharply in either direction, Binance Coin is up today by more than 5%. The leading cryptocurrency exchange recently burned over $60 million worth of BNB. The uptick could also be attributed to rumors that the Binance Launchpad will carry out a new IEO. A payment system using “virtual cash”.This is the core theme of a new patent recently filed by the United States bank JP Morgan Chase. What has that to do with Bitcoin? Well, it surely makes us think about the world’s most famous cryptocurrency and even the financial institution compared their future service to the virtual coin.
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