Singapore Bank Giant OCBC Joins JPMorgan’s Blockchain Network

OCBC has become the first Singapore-based bank to join JPMorgan Chase’s interbank blockchain network. According to a Business Times Singapore report on Sept. 20, a total of 134 banks from the Asia-Pacific region are now participants in the Interbank Information Network (IIN). OCBC is the second-largest bank in South East Asia by assets and among the larger…

JPMorgan Chase Sees Change in Bitcoin Industry

According to a report from Bloomberg, JPMorgan Chase has seen a considerable change in the Bitcoin industry in the past two years. This change has been led by what is termed as an institutional interest. An investigation which was conducted by Bitwise, an asset manager, revealed that much of the trade volume being reported by…