JP Morgan Chase Have A Point, But The Whole Economy Needs Data To Flow
4 Articles
4 Articles
JPMorgan wants to choke off crypto by taxing your bank data, says Tyler Winklevoss
Tyler Winklevoss says JPMorgan is trying to kill crypto by charging people to access their own bank data. He posted on X accusing the $800 billion bank and other Wall Street players of launching an attack on open banking and the third-party apps that make crypto accessible to millions. Tyler said they’re targeting companies like Plaid to cut off the link between your fiat account and your crypto wallet; Gemini, Coinbase, Kraken, all of them. Acc…
JP Morgan Chase Have A Point, But The Whole Economy Needs Data To Flow
The not entirely unexpected news that JP Morgan Chase intends to start charging for customers’ data that is obtained by third parties through APIs, data that is provided free through “open banking“ in other parts of the world, is...
JPMorgan Chase CEO Jamie Dimon Defends Plans to Charge Fintech Firms Fees for Customer Data As Stakeholders Voice Opposition - The Daily Hodl
JPMorgan Chase CEO Jamie Dimon is defending the bank’s controversial plans to charge fintech companies such as PayPal and Coinbase fees for access to customers’ account information. In an earnings call for the second quarter of 2025, Dimon said that the fintech-fee decision was made to protect its customers when asked about the new policy. “So, this is very important. So forget pricing for a second, we are in favor of the customer, but we think …
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