Which among the following became the First US Bank with Cryptocurrency?
Correct answer: A. JP Morgan Chase & Co.
- A. JP Morgan Chase & Co.
- B. Wells Fargo
- C. John Meachel
- D. Goldman Sachs
Explanation
JPMorgan Chase launched JPM Coin, making it the first major US bank to introduce its own cryptocurrency for institutional payments. Goldman Sachs and Wells Fargo had not launched an equivalent bank-issued coin at that point.
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About Global Economy
Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.
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