A presidential working group expects to make recommendations on how to regulate the booming digital currencies amid concerns over their stability.
"We think that becoming a public company really sets us up to be a trusted platform in the digital currency industry."
The investment bank swapped swapped a tokenized version of a U.S. Treasury bond for JPM Coin — JPMorgan Chase’s stablecoin.
The bank "is preparing for a future in which parts of the essential underpinning of global capitalism ... move to the blockchain."
