J.P. Morgan announced a new head for their crypto-assets strategy

Nine months when CEO of J.P. Morgan Jamie Dimon called cryptocurrencies “fraud, worse than tulip bulbs”,

JP Morgan one of the worlds biggest banks introduced recently a new head of crypto-assets strategy. 29-year-old Oliver Harris, formerly the head of the banks Fintech and In-Residence programme. This new crypto position will involve analysis of the risks and rewards of implementing both blockchain technology and digital currencies themselves. Everything suggests that J.P. Morgan is taking cryptocurrencies more seriously now.