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JPMorgan CEO calls crypto 'decentralized Ponzi schemes'

Coin Telegraph LogoCoin Telegraph4 mo ago

JPMorgan CEO calls crypto 'decentralized Ponzi schemes' - Coin Telegraph

Quick Summary:

He has softened his stance on crypto on occasion, once highlighting that it can serve important use cases at times such as cross-border payments.

Kamptom is expected to help JPMorgan explore blockchain tech given his Linkedin bio shows he has worked on crypto-related payment methods.

JPMorgan also became the first major bank in the Metaverse following the opening of its virtual lounge in the blockchain-based world Decentraland in February.


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JPMorgan CEO calls crypto 'decentralized Ponzi schemes' - Coin Telegraph (Picture 1)

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Article Details

Author / Journalist: Cointelegraph By Luke Huigsloot

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-22 @ 03:08:17 (4 months ago)

News Timezone: GMT -5:00

Ranking: #489 (out of 3473 stories this day)

News Source URL: cointelegraph.com

Language: English

Article Length: 446 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coin Telegraph

News ID: 460048

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website: cointelegraph.com

Update Frequency: 13 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #11

Publisher Details

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The story "JPMorgan CEO calls crypto 'decentralized Ponzi schemes'" has 446 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "JPMorgan CEO calls crypto 'decentralized Ponzi schemes'" was covered 4 months ago by Coin Telegraph, a news publisher based in United States.

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Coin Telegraph is a fully independent (privately-owned) news outlet established in 2013 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 13 news stories per day.

It's most recent story was published 9 hours ago.

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