JP Morgan is in the EEA "NEW YORK (Reuters) - JPMorgan Chase & Co, Microsoft, Intel, and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems."
"JPMorgan CEO Jamie Dimon says bitcoin is a 'fraud' that will eventually blow up" yet at the bottom of the article it states this "Earlier on Tuesday, Dimon warned about further declines in trading revenue for the banking giant.
Dimon said third-quarter trading revenue will drop about 20 percent on a year-over-year basis. Dimon also said the bank may not give intra-quarter guidance in the future.
JPMorgan's stock fell off its session highs on the comments, but remained up 1.4 percent on the day."
and yet look at the find someone posted on Reddit it totally contradicts it being a fraud by what they/clients are buying in my opinion.
here are the links to all the info above...
http://www.businessinsider.com/r-jpmorgan-microsoft-intel-and-others-form-new-blockchain-alliance-2017-2
https://www.cnbc.com/2017/09/12/jpmorgan-ceo-jamie-dimon-raises-flag-on-trading-revenue-sees-20-percent-fall-for-the-third-quarter.html
https://imgur.com/a/PpJjc (scroll down to the bottom right)
Source: https://markethive.com/magistral/
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