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Fintech

The Fintech Files: JPMorgan backs blockchain, MPs cool on crypto, R3 on stablecoins

What’s going on in fintech and crypto this week

Jamie Dimon has recently spoken about JPMorgan’s crypto projects, which include a digital currency tied to the US dollar
Jamie Dimon has recently spoken about JPMorgan’s crypto projects, which include a digital currency tied to the US dollar Photo: Chris Ratcliffe/Getty Images

Bitcoin is “worthless”, should not even be considered a currency, and could even be characterised as “a fraud”.

No – the Fintech Files has not suddenly turned on decentralised finance – those are the words of Jamie Dimon last year. That is why it was surprising to some that the JPMorgan boss came out swinging for the technology that underpins Bitcoin – the blockchain.

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