Crypto: JP Morgan has filed a trademark for a portfolio of digital assets

JP Morgan proposed a payment system via bitcoin in 2013. It has been monitoring the opportunities offered by the crypto space for years. In 2022, it has repeatedly shown that it is growing in the development of the crypto market, especially Bitcoin. In May, she said crypto is important and should be among everyone’s investment options. Recently, the bank performed some of the first blockchain-based transactions in banking. This, as part of a pilot program with DBS Bank and SBI Digital Asset Holdings. A month ago, the banking giant announced that it is exploring the possibility of a blockchain-based wallet. He just released an update to that effect.

The JP Morgan Wallet wants to facilitate the exchange of digital currencies

In the United States, JP Morgan has deposit a brand for a new electronic wallet. This wallet, whose name is JP Morgan Wallet, will allow to exchange and transfer cryptos. The trademark has been filed with the United States Patent and Trademark Office, USPTO. The Bureau indicates that the operation dates from 15 November last.

Thanks to this new step, the bank propose to crypto and bitcoin services to its existing customer base. It will also offer virtual current accounts.

The tweet from USPTO Legal Counsel

“Through this wallet, we will provide electronic crypto transfer services, electronic transfers of virtual currencies for the use of members of an online community, via a global computer network, we will promote the financial exchange of virtual currencies , crypto payment processing, credit card and cashier payment processing services, debit and credit card payment processing services, etc. »explained Onyx, the branch of the bank in charge of blockchain, cryptos, etc.

This announcement from JP Morgan comes at a time when Jamie Dimon, its CEO, is still critical of cryptos. The leader struggles to understand why cryptos have any value. Surprisingly, he has a positive view of blockchain.

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