J.P. Morgan may start JPM Coin trials by the end of 2019

Bloomberg writes that J.P. Morgan is reporting interest in the JPM Coin from its U.S., European and Japanese clients and plans to start trialing the token as soon as this year. J.P. Morgan's coin is pegged the the dollar. Umar Farooq, JP Morgan’s head of digital treasury services and blockchain, said, “We believe that a lot of securities over time, in five to 20 years, will increasingly become digital or get tokenized.”