JPMorgan hired a new executive director of crypto policy, Aaron Iovine
roadster cdk 360mbellantechcrunch According to a Bloomberg Law report, JPMorgan, the world’s largest investment bank, hired a new executive director of crypto policy, Aaron Iovine, who held a similar position at crypto lending firm Celcius, which is now a bankrupt company.
Jamie Dimon, the chief executive officer of JPMorgan, has said cryptocurrencies like Bitcoin decentralized Ponzi schemes. But this time, he did not stop the company from hiring a new head of digital assets regulatory policy, Aaron Iovine, who worked at the bankrupt Celcius firm.
According to Aaron’s LinkedIn profile, he worked at Celsius this year between February and September. Before this job at Celcius, Aaron worked at Cross River, a crypto-friendly financial services company based in New Jersey, for almost three years.
Now, Aaron will work at JPMorgan regulatory affairs group, which is headed by Sharon Yang. Yang is the one who previously worked at the Treasury Department as deputy assistant secretary for international financial markets. Aaron will not find any difficulty working at JPMorgan because he is working under such an experienced man.
Before appointing Aaron as director of crypto policy, CEO Jamie Dimon criticized cryptocurrencies last month. At that time, Dimo said that he was a major skeptic of crypto tokens like Bitcoin, and he compared the new asset class to decentralized Ponzi schemes. Now, he turned his attention to crypto, and it’s not the first time he did this.
Previously, Dimon has called Bitcoin a fraud and fool’s gold many times but in 2019, JPMorgan launched its own JPM Coin. JPMorgan also allows its wealth management clients to buy into Bitcoin Cash, Bitcoin, Ethereum, and Ethereum Classic. The bank also encouraged clients to buy shares in Grayscale Bitcoin Trust.
This month, JPMorgan also announced an opening for a digital assets counsel position with its corporate and investment bank in New York, which shows how much they are interested in digital currencies.
covid19 stmicroelectronics malaysia
covid19 stmicroelectronics malaysia The novel coronavirus, COVID-19, has had a significant impact on the world’s economy and businesses. One major organization that has been affected is STMicroelectronics (ST). This article will discuss the changes that ST has made in Malaysia due to the pandemic. It will look at how the company has reacted to the crisis, what strategies they have implemented in response, and how it affects employees of their Malaysian branch. covid19 stmicroelectronics malaysia
The coronavirus (COVID-19) pandemic has wreaked havoc on economies across the world, and Malaysia is no exception. As a result, many companies have had to make difficult decisions to help protect their employees and finances. This article takes an in-depth look at how the semiconductor manufacturer STMicroelectronics Malaysia has been affected by COVID-19 and the measures they are taking to mitigate its impact. covid19 stmicroelectronics malaysia
The Covid-19 pandemic has posed an unprecedented challenge to the global economy, with many companies struggling to remain afloat. One of those companies is STMicroelectronics Malaysia, a semiconductor company that is headquartered in Europe. With its commitment to digital transformation and innovation, the company has been able to navigate through the crisis, even as other firms have had to shut down or layoff employees. covid19 stmicroelectronics malaysia
microsoftled retracts disputed quantumcomputing paper
microsoftled team disputed quantumcomputing In a surprising turn of events, Microsoftled has retracted the paper it recently published on quantum computing. The research paper had been widely discussed in the scientific community due to its groundbreaking claims and potential implications for the future of quantum computing. However, subsequent investigations into the paper revealed discrepancies that led Microsoftled to retract their work, meaning that all results must be disregarded. This news has left many in the scientific world feeling confused and frustrated about this unexpected development. microsoftled retracts disputed quantumcomputing paper
In a surprising turn of events, Microsoftled researchers have announced the retraction of their recently published paper on quantum computing. The retraction comes after months of dispute and criticism over numerous elements of the paper, raising questions about the validity of the research. Microsoftled published the paper in December 2019 to great fanfare and excitement, touting the potential advances it could bring to quantum computing. However, several other researchers quickly called into question its scientific accuracy and validity. microsoftled retracts disputed quantumcomputing paper
Microsoftled has recently come under fire for a paper they published regarding a breakthrough in quantum computing. The paper, which claimed to have made immense strides towards high-performance quantum computing, has now been retracted due to criticisms from the research community. This article will explain why Microsoftled retracted their paper and what this means for the future of quantum computing. Many researchers were concerned with the validity of Microsoftled’s claims and questioned how it could have achieved such successful results without proper testing or verification methods.
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