JPMorgan Chase Started to Test Its Own Crypto, Santander Enters $700 Million Deal to Use IBM’s Tech, & Other News & Other News

  • JPMorgan Chase to issue its own cryptocurrency, JPM Coin
     
  • The IT arm of South Korean tech giant Samsung announced it had developed technology to speed up blockchain transactions
     
  • One of Europe's largest banks, Banco Santander, and tech giant IBM have announced an agreement valued at approximately $700 million to accelerate the bank's development of technologies such as blockchain
     
  • The chief financial officer of crypto exchange Binance — currently the world's largest by daily trading volumes — has said business remains profitable, despite the market downturn
     
  • The Ministry of Justice from Russia said that the concept of crypto doesn't need legislation at this point

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