JP Morgan Wallet

in crypto •  2 years ago 

JP Morgan Registers Trademark For a New Cryptocurrency Wallet

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In late October 2020, the bank announced the launch of its JPM Coin stablecoin, the first cryptocurrency to be backed by a U.S. bank used to send cross-border payments, demonstrating its position in favor of crypto innovation. On the same date, they launched Onyx, the world’s first bank-led blockchain platform, to develop innovative products, platforms, and marketplaces.

This could all be just prepping for the coming CBDC. Central banksters have always been allergic to dealing with the mass of plebs. Many research papers stated they wanted to maintain the current two-tier banking system, whereby central banks handle macro-monetary issues, while retail and investment banks would handle actual clients. Retail will always be the ball at the end of the chain.

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