On Thursday, the crypto community notched a win when JPMorgan Chase & Co. announced it had launched its own cryptocurrency, the JPM Coin.

But had it, really? According to Jerry Brito, executive director at Coin Center, a nonprofit research and advocacy center focused on cryptocurrency and decentralized technology, the U.S. banking behemoth did not actually launch a cryptocurrency but more an in-house-built payments system.

“There’s a lot of confusion,”…

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Source: http://www.marketwatch.com/news/story.asp?guid=%7BD6229246-307C-11E9-AE85-9166F4B32B8A%7D&siteid=rss&rss=1