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Last updated: June 17, 2025, 18:03  |  Written by: Arthur Hayes

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Umar Farooq

Umar Farooq, the head of JPMorgan’s digital assets division, has said that the majority of crypto assets on the market are “junk” and that actual crypto use cases have

As soon as JP Morgan’s Umar Farooq uttered the words ‘most crypto is still junk’, the Monetary Authority of Singapore (MAS) event where he was speaking was

The Fintech Files: JPMorgan’s blockchain boss on why ‘most of crypto is still junk’ 'With the exception of a few dozen tokens, everything else that has been mentioned is

Umar Farooq

‘Most of crypto is still junk’ and lacks use caseJPMorgan

Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit, believes that real use cases of crypto are yet to unravel while most of the existing assets are

‘Most of Crypto Is Just Noise’ Says JP Morgan’s

The Head Of Blockchain At

JPMorgan Blockchain Head Says Most of Crypto is Junk

The head of blockchain at JPMorgan says that most cryptoassets on the market are “junk”. Umar Farooq, CEO of the investment bank’s blockchain unit Onyx Digital

Most crypto “still junk”, JPMorgan’s blockchain lead claims

The Fintech Files: JPMorgan’s blockchain boss on why ‘most of

In Crypto: Most crypto is ‘junk’, says JPMorgan blockchain lead

‘Most of crypto is still junk’, says JPMorgan blockchain head

Excluding A Few Dozen Tokens

The head of JPMorgan’s digital assets unit Umar Farooq has suggested that most of the crypto assets on the market are “junk” and that real crypto use cases have yet to

Excluding a few dozen tokens, most cryptocurrencies are bound to “go away,” according to Umar Farooq, Chief Executive Officer of JPMorgan’s blockchain unit.

JP Morgan's blockchain lead said more than 'most crypto is still

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