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JPMORGAN CHASE CEO Jamie Dimon said that the bank will soon be able to purchase Bitcoin (BTC), a marvelous shift of banks that have called cryptocurrency ‘useless’.
This decision occurs despite repeated attacks such as “fraud”, “pet rock”, and “closing” if he is the government, despite the repetitive attack of Dimon’s bitcoin.
Dimon pointed out that Crypto is used for illegal activities, including prostitution and money laundering, but U -turns are providing what they want.
“We will be able to live it.” Dimon Sayed,,, While speaking on the annual investor day on May 19. “I don’t think you should smoke, but defend your right to smoke. I defend the right to buy Bitcoin.”
Dimon said that the bank will not raise Bitcoin but will be included in the customer statement.
Dimon’s position on Bitcoin has not changed.
Jpmorgan Chase’s decision shows a breakthrough change in Bank Titan. In 2018, Dimon classified Bitcoin as a fraud that he was not interested in purchasing. He also called the BTC “value” for the height of the 2021 bull market.
This decision follows similar movements to competitors. Morgan Stanley,,, As a result, I pitched the Bitcoin Traded Funds (ETF) to customers who qualified GreenLight to financial advisors.
“Defend the right to buy Bitcoin.” -Jamie Dimon, JPMORGAN CEOHTTPS: //t.co/zc8cjkdab9
-Michael Saylor (@saylor) May 19, 2025
DIMON says it exaggerates blockchain technology.
Dimon insisted that blockchain technology is being exaggerated in addition to doubling his bitcoin skepticism.
“We’ve been talking about blockchains for 12 to 15 years.” “We spend too much on it. It doesn’t matter as much as you think.”
Kinexys, the own blockchain platform of JPMORGAN CHASE, has recently launched a test transaction in a public blockchain.
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