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JP Morgan officially registered a cryptocurrency trademark in a document taken from a USPTO grant application.
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The brand, appropriately titled "JP Morgan Wallet," is designed to facilitate virtual currency exchanges and payment processing.
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The biggest bank in America is now entering the cryptocurrency market.
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JP Morgan will offer its customers bitcoin exchange services through the trademark. The filling was also granted on Nov 15.
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Mike Koundoudis reported the initial document.
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He tweeted that JP Morgan Wallet was registered for "Virtual Currency Transfer + Exchange, Crypto Payment Processing, Virtual Checking Accounts, and Financial Services."
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