Cryptocurrencies

No Demand for Crypto Payments, JPMorgan's WePay Says

  • Crypto’s ‘interesting,’ but nobody has a ‘killer use-case’ yet
  • Seems in line with PayPal, Affirm approaches to crypto
Here's Why Bitcoin Risks Crashing to $900
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Don’t expect more payments companies to start offering access to Bitcoin unless you ask for it.

Bill Clerico, CEO of WePay, the payments company JPMorgan Chase & Co. bought in October, said in a phone interview that his company is client-focused and hasn’t gotten enough requests to support cryptocurrency transactions.