The head of London’s FINTECH division of JPMorgan Chase & Co Oliver Harris will be responsible for the Bank’s strategy of cryptocurrency, and will also lead a development organization project Quorum, focus on creating their own blockchain-Bank platform. About it reports Financial News.
The news that JPMorgan has made a decision about creating their own cryptocurrency strategy is remarkable in light of the fact that earlier Bank CEO Jamie Dimon has repeatedly made critical statements about bitcoin. Later, however, he made clear that “open” to bitcoin if properly managed.
Details of what will be the strategy of JPMorgan in the area of cryptocurrencies, not yet, but it is assumed that 29-year-old Harris will be responsible for creating and promoting its own cryptocurrency Bank products, are designed, for example, to store digital currencies.
The last two years, Oliver Harris worked on the program “In Residence”, in which JPMorgan has entered into agreements with promising FINTECH start-UPS.
Earlier in an interview with CNBC, co-President JPMorgan Daniel Pinto said that the Bank started to study the cryptocurrency sector, although still skeptical in relation to digital currencies.
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