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JPMorgan adds KYC-defeating technology to Ethereum-based payment privacy tool Zether

JPMorgan adds KYC-defeating technology to Ethereum-based payment privacy tool Zether | Modern Consensus

Just as international financial regulators are about to announce stronger “know your customer” requirements for cryptocurrencies, banking giant JPMorgan Chase has released software designed to help people avoid them. JPMorgan Chase told Coindesk on May 29 that it was releasing an open source protocol designed to help users of Ethereum-based cryptocurrencies hide their identity during financial transactions.