JPMorgan’s Blockchain Payments Network Adds Support for Pound
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JPMorgan Chase & Co. expanded its blockchain-based payments service for corporate clients, adding pound-denominated accounts that will use its Kinexys Digital Payments network for commercial bank transactions.
JPMorgan’s London branch launched blockchain-based deposit accounts supporting the UK currency on the platform on Monday, according to Naveen Mallela, global co-head of the unit that runs the service.