JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats

JPMorgan CEO, Jamie Dimon, warned investors in his latest annual letter that the bank must accelerate its efforts in blockchain technology to meet mounting competition from the crypto sector.  Dimon told shareholders that a “whole new set of competitors” has emerged around blockchain-based products — including stablecoins, smart contracts, and broader tokenization — and that…

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Can’t Move Your Crypto?— Traders Trapped In South Korean Exchanges

The South Korea’s Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), together with the Digital Asset Exchange Association (DAXA) are rolling out unified rules for withdrawal across all registered crypto exchanges. A Unified Crypto Withdrawal System From now on, all local crypto exchanges are being forced to have one tough, standardized withdrawal‑delay regime…

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