Groundbreaking Chase Bank Lawsuit Verdict Could See NY Federal Judge Rule ‘Crypto is Cash’

2019-4-26 09:08

By CCN. com: A Manhattan federal judge will have to decide whether crypto is cash in what would be a landmark decision for the budding industry. The ruling would have major implications for what laws and regulations cryptocurrencies are subject to.

Chase Bank — the consumer and commercial banking subsidiary of JP Morgan Chase — says crypto is just like cash because it’s a medium of exchange. The only difference is that cryptocurrencies like bitcoin are digital, Chase says. Meanwhile, a group of customers that are suing Chase over fees it charged on crypto purchases contend that cryptocurrencies are goods —

The post Groundbreaking Chase Bank Lawsuit Verdict Could See NY Federal Judge Rule ‘Crypto is Cash’ appeared first on CCN

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Источник: ccn.com

chase crypto → Результатов: 58


How To Buy Crypto With Chase Bank? Does Chase Allow Crypto Purchases?

Cryptocurrency has become increasingly popular, with many people eager to invest in it. But if you’re a Chase Bank customer, you may wonder: Does Chase allow crypto purchases? The answer is Chase does not allow direct purchases of crypto on their platform but you can use Chase bank account to buy bitcoin and cryptocurrencies via […] The post How To Buy Crypto With Chase Bank? Does Chase Allow Crypto Purchases? appeared first on CaptainAltcoin.

2023-4-27 13:54


JPMorgan Expands Blockchain Network For Interbank Services

Central banking giant JPMorgan Chase plans to expand its blockchain network to include interbank settlements, in an effort to ward off competing services like TransferWise and Ripple. Formed in 2017 through collaboration between the Royal Bank of Canada and Australia’s ANZ Bank, the Interbank Information Network (IIN) utilizes the Ethereum-based Quorum blockchain to solve compliance […] The post JPMorgan Expands Blockchain Network For Interbank Services appeared first on Crypto Briefing.

2019-4-23 22:56


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Underbanked Crypto Industry Forced To Innovate Solutions

Central  banks around the world have been notably removed from all things blockchain, and are more than mildly averse to serving cryptocurrency-related businesses. While large banking conglomerates like JP Morgan Chase and Bank of America often cannot be reached for comment on the issue, the general consensus among banks who reject cryptocurrency is that the […] The post Underbanked Crypto Industry Forced To Innovate Solutions appeared first on Crypto Briefing.

2019-3-18 16:38


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JPMorgan Estimates “Fair Value” of Bitcoin at $2,400; Crypto Miners React

According to a report published by South China Morning Post on February 21, 2019, the U. S investment bank JPMorgan Chase estimates the “fair value” of bitcoin (BTC) at $2,400. Cryptocurrency Miners Not Impressed JPMorgan, in their January report titled Blockchain and Cryptocurrencies 2019: Adoption, Performance and Challenges, estimates the intrinsic value or “fair value” ofRead MoreRead More.

2019-2-22 22:00


CEO Ripple раскритиковал проект JPM Coin

Генеральный директор Ripple Брэд Гарлингхаус (Brad Garlinghouse) убежден, что анонсированный цифровой актив банковского гиганта JPMorgan Chase “упускает суть” криптовалюты. Вчера JPMorgan заявил о скором начале тестов стейблкоина JPM Coin, предназначенного для повышения эффективности межбанковских расчетов.

2019-2-15 17:23


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Offchain Indicators Suggest JP Morgan Is Wrong to Write off Bitcoin

JP Morgan Chase & Co. believes the current bear market is scaring investors away from bitcoin, just to add to the never-ending rumors of its demise. But as retail and institutional investors seem to be looking for other options, are classic analysts telling the whole story? Also read: Only Sharks Will Feed on the Crypto Market’s […] The post Offchain Indicators Suggest JP Morgan Is Wrong to Write off Bitcoin appeared first on Bitcoin News.

2018-12-20 19:02


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Tone Vays Got His BitMEX Account Suspended

The former Wall Street veteran and actual crypto market analyst and trader Tone Vays got his BitMEX account terminated on November 12 over suspicions of holding a U.S. citizenship. Vays who has over 10 years of experience in big financial corporations like Bear Stearns and JP Morgan Chase, took to Twitter to announce his account […] Tone Vays Got His BitMEX Account Suspended was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-11-19 17:29


JPMorgan Chase Predicts 60 Percent Chance For Recession in Next Two Years, What Does this Mean for Crypto?

According to a model tracked by JPMorgan Chase & Co. , a US recession is becoming increasingly likely. Researchers from the New York-based finance giant told Bloomberg that there is about a 28% chance of a recession arriving within the next year, and a more than 60 percent chance of one occurring over the next two years.

2018-10-23 17:54


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