๐จ Latest: JPMorgan files trademark application "JPMD" for digital trading and cryptocurrency payment services!
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๐ฆ Details:
JPMorgan, one of the largest financial institutions in the world, has filed an application to register a new trademark called "JPMD", covering:
โ Digital trading services
โ Payments using cryptocurrencies
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โ๏ธ What does this mean?
โ A step indicating a serious expansion of the bank into the world of blockchain and digital currencies
โ A move to offer integrated digital trading and financial services under the JPMorgan umbrella
โ Potential competition to major platforms in the field such as Coinbase and Binance
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๐ Broader context:
This move coincides with a wave of traditional banks and financial institutions entering the decentralized finance (DeFi) space and digital infrastructure.
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โDo you think traditional institutions will lead the next crypto revolution?
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