Bitcoin trading volumes commonly exceed US$40bil to US$50bil (RM167bil to RM209bil) per day, but most of that is internalized by major exchanges, said a group from JPMorgan including Steve Palacio, Joshua Younger and Veronica Mejia Bustamante, in a report.
SAN SALVADOR: El Salvador’s declaration of bitcoin as legal tender could create challenges for both the country and the cryptocurrency, according to a team from JPMorgan Chase & Co.
Bitcoin trading volumes commonly exceed US$40bil to US$50bil (RM167bil to RM209bil) per day, but most of that is internalized by major exchanges, said a group from JPMorgan including Steve Palacio, Joshua Younger and Veronica Mejia Bustamante, in a report.
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