It is being reported by Yahoo Finance that JP Morgan recently posted a job listing looking for a candidate with knowledge of how to scale Bitcoin. Despite this, the company still maintains it is not going to be working with Bitcoin or any crypto.
The job posting is specifically for a blockchain director, but reference is made to scaling blockchain networks such as Bitcoin and Ethereum. The official stated reason is for “optimizing how apps are designed for the future, targeting solutions that are portable across multi-cloud platforms to stay resilient, scalable and maintainable.”
In addition, the company has gone on the record to state that this has nothing to do with JP Morgan embracing cryptocurrency. An unnamed spokesperson for the firm is quoted in the article:
“It would be…