CryptoWorld News reports, according to Bloomberg, JPMorgan has appointed former Goldman Sachs executive Oliver Harris to lead its blockchain business Kinexys, replacing Naveen Mallela who has joined Standard Chartered Bank. Harris's responsibilities include driving commercialization and expanding institutional clients. Kinexys was launched in 2019, and as of December last year, its trading volume was approximately $5 billion. At the same time, the bank has introduced JPM Coin for on-chain settlement for institutional clients.

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