JPMorgan launches blockchain deposit account denominated in pounds to support on chain payments in pounds

BlockBeats news, on April 14th, according to The Block, JPMorgan's blockchain division Kinexys (formerly Onyx) has launched a pound denominated blockchain deposit account in the UK, marking an important expansion of its real-time settlement infrastructure following the early launch of Euro and USD products. Currently, JPMorgan Chase has allowed companies to make 24/7 on chain payments in British pounds (GBP), adding its Euro (EUR) and US dollar (USD) option payment options. It is reported that large companies such as SwapAgent and Trafigura from the London Stock Exchange are the first to use JPMorgan Chase's newly launched GBP blockchain account.