Banks Test Blockchain Transactions as Bankman-Fried Defense Aims to Show No Criminal Intent, JPMorgan Expands Digital Coin Use Despite Bitcoin Whales Staying Low
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Deutsche Bank and Standard Chartered testing a system for blockchain transactions, stablecoins, and CBDCs to communicate like SWIFT does in legacy banking.
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Sam Bankman-Fried's defense wants him to testify about lawyers' involvement in FTX, his intentions with funds, and his knowledge of practices and financials.
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JPMorgan handles $1 billion in transactions per day with its JPM Coin token and plans to expand its use beyond dollars to euros.
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The number of bitcoin whale addresses near bear market lows despite bitcoin's rising price, indicating whales don't think a new bull cycle has started.
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Deutsche Bank and Standard Chartered are testing a blockchain transaction system, Bankman-Fried's defense aims to show no criminal intent, JPMorgan expands use of its JPM Coin, and bitcoin whale addresses remain low.
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