Report: JPMorgan Considers Spinoff of Quorum Blockchain Division

Global banking giant JPMorgan Chase is reportedly thinking about spinning out its Quorum blockchain project as an independent company. Citing anonymous sources, the Financial Times and Reuters reported late Thursday that the move, if it happens, would be part of an effort to “increase the platform’s appeal.” Talks regarding the spinoff are “still in the early […]

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Report: Bank of America, JP Morgan Ban Credit Crypto Purchases

Bank of America and JPMorgan Chase will reportedly no longer enable customers to purchase bitcoin with credit cards starting in February, reports say. Revealed today in a Bloomberg report, JPMorgan is expected to start its ban on Feb. 3 due to concerns about the credit risk of those who make purchases through their cards. Bank […]

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