By Tom Phillips[1] • • Updated • nfcw.com[2]
JPMorgan Chase[3]’s JPM Coin digital currency is now being used commercially for cross-border payments by “a large international technology company”, the US banking giant’s Takis Georgakopoulos has told CNBC[4].
The development comes as the bank also launches Onyx[5], a new division to handle its blockchain and digital currency initiatives.
“We are launching Onyx because we believe we are shifting to a period of commercialisation of those technologies, moving from research and development to something that can become a real business,” Georgakopoulos told the news channel.
Next: Visit the NFCW Expo to find new suppliers and access free resources[6]
