US Edition
JP Morgan CEO’s Huge Bitcoin Backflip
- On May 19, 2025, JPMorgan Chase CEO Jamie Dimon revealed that the bank will enable customers to purchase Bitcoin through their accounts.
- This move comes after years of Jamie Dimon expressing doubts about Bitcoin, highlighting concerns related to illicit activities and ambiguous ownership, even as institutional interest in the cryptocurrency continues to rise.
- JPMorgan, the largest US bank, will not custody Bitcoin directly but will reflect clients' ownership on statements, marking a shift from its prior anti-crypto stance.
- Dimon emphasized, "We are going to allow you to buy it" but personally will not buy Bitcoin, maintaining his view that the coin lacks intrinsic value and is linked to illicit activities.
- JPMorgan's move signals rising client demand and institutional interest in digital assets despite Dimon's unchanged skepticism, reflecting evolving acceptance of Bitcoin in finance.
14 Articles
14 Articles
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David Sacks, the White House-appointed ‘Crypto Czar," said Wednesday he tried convincing JPMorgan Chase & Co. (NYSE:JPM) CEO Jamie Dimon of Bitcoin's (CRYPTO: BTC) value.
JPMorgan Will Actively Manage a Bitcoin Fund for Customers, Outsourcing Custody to NYDIG
JPMorgan Chase, the world’s largest bank in terms of market cap, announced that it will now let customers buy Bitcoin. Jamie Dimon, CEO of JPMorgan, said he did not like Bitcoin but understood that customers deserve the right to choose which assets they invest in. The remarks by Dimon come at a JPMorgan investor day event, which aims to promote the bank and champion its progress. JPMorgan has a market cap of $740 billion, making it the largest b…
BitcoinNews.com
Cryptocurrency News | Cryptocurrency Prices | Market CapJPMorgan Chase to Allow Clients to Buy Bitcoin, Says CEO Jamie Dimon
JPMorgan Chase CEO Jamie Dimon has been a critic of Bitcoin for a long time, and the bank has been blocking users from buying digital assets.
The Most POWERFUL Banker in the WORLD is Buying MicroStrategy!
Bitcoin is breaking records and breaking minds. With power players flipping bullish—from Jamie Dimon to BlackRock—and predictions ranging from $1M to $10M, the writing’s on the wall. This episode dives into why Bitcoin could become the world’s dominant asset—fast. SPONSORS ✅ Ledn https://learn
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