Ethereum: JPMorgan, Microsoft, Banks Form
JPMorgan Chase, admits, cryptocurrency, is a Risk to its
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(You can read more about Ethereum, a more flexible and developer-friendly alternative to Bitcoin with its native cryptocurrency, Ether, in this Fortune feature.). Due to the anonymity of cryptocurrency transactions and the heightened volatility around technology and. Or its affiliates and /or. After dismissing Bitcoin, JPMorgan Chase acknowledged for the first time that cryptocurrency is a risk to the bank s business and survival. JP Morgan, cEO has been backpedaling on calling bitcoin a fraud for months now but he has stuck to the line that no government (especially the US) will allow cryptocurrency to exist on a large scale.