- The CEO has been doubtful of Bitcoin for a long time and even called it a scam and said that it had no interest in buying it in 2018.
- Until now, the company has limited its exposure to cryptography mainly to long -term products, and not to the direct property of virtual assets.
The chief executive of JP Morgan, Jamie Dimonrevealed that the bank will allow its customers to buy bitcoin but will not keep cryptocurrency in the near future.
On May 19, during the annual day of the company's investors, the CEO said that we were going to allow you to buy it. We are not going to hold it. We will put it in declarations for customers.
According to the CNBC reportDimon also commented on his prolonged skepticism concerning cryptographic assets, stressing their use in money laundering, sex trafficking and terrorism. He said that he did not think you should smoke, but he will defend the right to smoke, and he will defend the right to buy bitcoin.
JP Morgan will provide its customers with access to Bitcoin (ETF) negotiated funds. Until now, the company has limited its exposure to cryptography mainly to long -term products, and not to the direct property of virtual assets.
Skepticism concerning bitcoin
The company's competitor, Morgan Stanley, has moved to provide Bitcoin FNB to eligible customers. In the United States, the FNB Bitcoin have witnessed major adoption, having around $ 42 billion in total admissions since their introduction in January 2024.
The CEO has been doubtful of Bitcoin for a long time and even called him a scam and said he had no interest in buying it in 2018. In 2021, at the time of the cryptographic bull market, he called it worthless.
In 2023, at the time of an audience of the Senate banks committee, he said that “I have always been deeply opposed to the crypto, bitcoin, etc., and the only real case for criminals, drug traffickers, money washing, tax evasion. If I were in government, I would have closed it. ”
Last year, during the Davos World Economic Forum, in Switzerland, Dimon estimated that Bitcoin does nothing and he called him a rocky for pets, which came after the assets crossed the bar of $ 100,000 for the first time.
Highlighted the news of cryptography today:
Dubai Vara establishes the deadline of June 19 for cryptographic companies to comply with the new rules
