Highlights:
JP Morgan’s main claim to fame with tokenized money is its JPM Coin blockchain-based bank account. However, JPM Coin only enables digital cash movements between JP Morgan bank accounts. Now JP Morgan is live on Partior, the Singapore-based interbank payment network that uses blockchain.
Partior was cofounded by JP Morgan alongside DBS Bank, Temasek and Standard Chartered. In May JP Morgan received approval to use Partior from the United States’ Office of the Comptroller of the Currency (OCC).
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