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JPMorgan’s crypto unit boss wants to disrupt the bank from within
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fnlondon.comUmar Farooq, head of JPMorgan's digital assets unit Onyx, is on a mission to disrupt the banking system via the digital ledger technology known as blockchain.
In February 2019, JPMorgan said it would roll out a digital currency, JPM Coin. In October 2020, the firm created a new unit for blockchain-linked projects, and in August last year, it allowed its wealth management clients access to crypto funds.
Farooq...
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