Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

Ripple CEO Says JPMorgan’s ‘Cryptocurrency’ Misses The Point

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JPMorgan is already facing severe criticism from the cryptocurrency industry just a day after it announced it would launch its own token, ‘JPM Coin.’

Garlinghouse: JPM Coin ‘Misses The Point’

The plan, which would ostensibly make JPMorgan the first US bank to issue a token with a verifiable use case, surprised commentators when executives revealed it to the press this week.

“The applications…

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