Rumors have been circulating about JPMorgan secretly buying 7.5 million XRP tokens. The news emerged after a leaked report claimed that the investment giant had made this purchase. However, scrutiny has been drawn to this rumor due to insufficient evidence and inconsistencies in the reported numbers. The article also addresses the involvement of BlackRock in the XRP debate and confirms that the rumors regarding their interest in XRP are baseless. While JPMorgan has not made any official statements about buying XRP, a recent report from the Basel Committee on Banking Supervision revealed that XRP ranks third in the list of digital assets held by global banks.
**Did JPMorgan Secretly Buy 7.5 Million XRP? Here’s What We Know**
The cryptocurrency community has been captivated by rumors suggesting that JPMorgan, a leading U.S. bank, secretly acquired 7.5 million XRP tokens. These rumors surfaced following a leaked report alleging the purchase by the investment giant. However, skepticism has arisen due to the absence of concrete evidence and discrepancies in the reported figures. Despite the widespread circulation of this speculation on social media, there have been no official statements from JPMorgan regarding the acquisition of XRP or the inclusion of any cryptocurrency in their portfolio. Notably, JPMorgan has developed its own digital asset, JPM Coin, intended for facilitating $10 billion in daily transactions.
**Adding BlackRock To The Debate**
In addition to speculation surrounding JPMorgan, rumors have implicated BlackRock showing interest in XRP. However, there is no substantiated indication of BlackRock’s involvement with XRP. Previous mentions of BlackRock in XRP communities were linked to a falsified filing for a BlackRock XRP ETF on the Delaware Corporation website, which has since been removed. The Delaware authorities are reportedly investigating the source of this fraudulent filing. CryptoInsightUK, an influential figure in the XRP community, has dismissed the rumors of BlackRock purchasing XRP as baseless and advised investors not to be misled by such unfounded claims.
Although JPMorgan and BlackRock are not directly involved in XRP, global banks are reportedly exploring the potential of this digital asset. A recent report from the Basel Committee on Banking Supervision (BCBS) revealed that XRP holds the third position among digital assets held by global banks, representing around 2% of the 9.4 billion euros invested in digital assets. This indicates that these banks collectively hold approximately 188 million euros worth of XRP.
*Q: Has JPMorgan officially confirmed the purchase of XRP?*
A: No, JPMorgan has not released any official statements regarding the acquisition of XRP or their involvement with any cryptocurrency.
*Q: What is the significance of the Basel Committee on Banking Supervision report?*
A: The report revealed that XRP ranks third among digital assets held by global banks, indicating its growing presence in the banking sector.
*Q: What is the status of the BlackRock XRP ETF filing on the Delaware Corporation website?*
A: The filing was determined to be fraudulent and has been removed. Authorities in Delaware are reportedly investigating the origins of this falsified filing.
*Q: How much XRP do global banks reportedly hold based on the BCBS report?*
A: According to the report, global banks collectively hold around 188 million euros worth of XRP, which represents approximately 2% of the 9.4 billion euros invested in digital assets.