Today, Jan. 9. the Chairman & CEO of JPMorgan Chase, Jamie Dimon, spoke ambiguously about cryptocurrency, noting he regretted calling Bitcoin a “fraud” earlier, and was not particularly…
Tag: JPMorgan
Wall Street Buzz: Merrill Lynch Bans Bitcoin For Its Clients
In a move that sounds similar to that taken by JPMorgan CEO Jamie Dimon, Wall Street bank Merrill Lynch has banned its financial advisors from buying Bitcoin-related investments for…
JPMorgan Switches Tact, Backs Bitcoin as New Gold
After Jamie Dimon drew a line in the sand for JPMorgan, calling it a ‘fraud,’ the company has once again stepped over that line, praising the digital coin as…
How Jamie Dimon Goes His Way, JPMorgan Goes Other Way
It’s quite hard to understand what actual stance JPMorgan Chase has on Bitcoin and cryptocurrencies – given recent statements made by CEO Jamie Dimon. The multinational banking and financial…
JPMorgan Guilty of Money Laundering, Tried To Hide Swiss Regulator Judgement
JPMorgan CEO Jamie Dimon is facing irony this week after calling Bitcoin a fraud – as the bank’s Swiss arm is sanctioned for fraud. Reports from local media outlet…
It is Highly Inaccurate to Describe Bitcoin as a Bubble, Here’s Why
Many public figures in the traditional financial sector including JPMorgan CEO Jamie Morgan have criticized Bitcoin, describing it as a bubble. However, because of its decentralized, mathematical and transparent…
JPMorgan Head Jamie Dimon Should Learn About Bitcoin, Says Wamda Capital’s CEO
Tech investment company Wamda Capital’s CEO, Fadi Ghandour, has suggested JPMorgan Chase head Jamie Dimon should learn more about Bitcoin and other digital currencies before making negative statements against…
JPMorgan Buys Bitcoin-Bullish WePay in ‘Rare’ Fintech Move
Unpredictable global banking giant JPMorgan has bought up payment network WePay in a “rare” fintech acquisition. The move is aimed at JPMorgan’s four million business customers which it wants…
Whatever You Say, Jamie! JPMorgan CEO Will ‘Stop Talking About Bitcoin’
JPMorgan CEO Jamie Dimon has said he is “not going to talk about Bitcoin anymore” as the company says it is “open-minded” about cryptocurrency. As reported by CNBC Thursday,…