JPMorgan recruiting for more blockchain positions than any other financial firm

JPMorgan is hiring for more blockchain jobs than any other financial firm, Forbes writes. According to research cited by Forbes, the bank was in the top ten companies posting job offers related to “blockchain,” “cryptocurrency,” or “bitcoin.” Others recruiting for blockchain positions included tech firms, such as IBM and Cisco, and consulting firms—Deloitte, Accenture, EY, and KPMG.

"It’s notable that there’s a lack of financial and banking companies hiring for something that’s made to replace money," said economist Andrew Flowers.

Although JPMorgan’s CEO had criticised cryptocurrencies in the past, last month, the bank announced its plans to launch its own stablecoin—JPM Coin—for its clients.