Auto Added by WPeMatico

JPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic

Jamie Dimon, CEO of JPMorgan, stated that he favored abolishing the debt limit, giving the government the faculties to extend its debt without congressional action. Dimon also stated that even…

Continue ReadingJPMorgan CEO Jamie Dimon in Favor of Abolishing Debt Limit; States Getting Close to Default Can Cause Panic

Coinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

Coinbase, one of the biggest cryptocurrency exchanges in the U.S., has stated that the staking services offered on its platform do not constitute securities. The statements, made in the wake…

Continue ReadingCoinbase Argues Its Staking Services Are Not Securities, Criticizes SEC Regulatory Approach

JPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol

JPMorgan, one of the biggest financial institutions in the world, estimates that the arrival of the next Ethereum upgrade, codenamed Shanghai, will bring more investors to stake their funds in…

Continue ReadingJPMorgan Estimates Ethereum Shanghai Upgrade Might Bring More Investors to Stake in the Protocol

JPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

JPMorgan CEO Jamie Dimon has reiterated his supposed skepticism of bitcoin, recently calling it a “hyped-up fraud,” and a “pet rock.” For it’s part, Bank of America has said that…

Continue ReadingJPMorgan CEO Says BTC Is Fraudulent, a ‘Pet Rock;’ Bank of America Says CBDCs Are ‘Natural Evolution’ — Bitcoin.com News Week in Review

JPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse

JPMorgan has outlined key changes it expects in the crypto industry and its regulation following the collapse of crypto exchange FTX. The global investment bank envisages several new regulatory initiatives,…

Continue ReadingJPMorgan Expects Major Changes Coming to Crypto Industry and Regulation Post FTX Collapse