JPMorgan: Demand for cryptocurrency as a payment method has sharply declined in the past six months

Chain Catcher News, Takis Georgakopoulos, the global payments head of JPMorgan Chase, stated in an interview with Bloomberg Television this Tuesday that the demand for cryptocurrency as a payment method has sharply declined over the past six months. At the same time, Georgakopoulos mentioned that JPMorgan is still investing in cryptocurrency projects and is paying attention to the development of central bank digital currencies (CBDCs). He pointed out that the bank is building its own blockchain network, Onyx, which will enable them to use both fiat currency and digital currencies or CBDCs as they evolve in the future. (Forkast)