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JPMorgan CEO Jamie Dimon has been consistently wrong on bitcoin, says Galaxy CEO Michael NovogratzOne of the most high-profile blockchain systems in traditional banking has added a new feature that lets companies shift cash automatically. JPM Coin is a dollar-backed cryptocurrency (stablecoin) from the bank JP Morgan Chase, announced in February as an institution-to-institution service. JPMorgan Chase CEO Jamie Dimon said he would close down crypto if he was the government during a Senate hearing on Wednesday.
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