JPMorgan is developing its own cryptocurrency strategy

American financial holding JP Morgan Chase has appointed the head of its London FINTECH-unit 29-year-old Oliver Harris (Oliver Harris) for the position of head of strategy in the field of crypto-currency assets.

Supervisor Harris is Umar Farooq (Umar Farooq), which is responsible for the blockchain initiatives of the Bank. In addition, Harris also will take the lead on the project Quorum — own blockchain platform JP Morgan.

In the past two years, Harris led the program JP Morgan «In Residence», which was engaged in the search for promising beginners FINTECH companies for further cooperation.

According to the data obtained, Harris will work to create and promote your own cryptocurrency Bank products, are designed, for example, to store digital currencies.

More recently, the Chairman of the Board of Directors and CEO of JP Morgan Chase Jamie Dimon (Jamie Dimon) was called
cryptocurrency fraud and promised to fire any employee that will sell digital assets.

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