Jamie Dimon Says His Bank Will Allow Purchases - adtechsolutions

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Jamie Dimon Says His Bank Will Allow Purchases



Clients JPMORGAN Chase (JPM) will soon be able to buy bitcoin

According to General Director Jamie Dimon, who spoke on Monday on the annual day of the Bank’s investor and signaled the shift in how the company approaches the asset.

“We will allow you to buy it,” Dimon told shareholders, although he added that the bank is not planning to hold the asset in custody.

Dimone, Long known for his skepticism of cryptocurrencydoubled in his final remarks and said he was still a “no fans” bitcoins, mainly because of its use for illegal activities, including trading in sex and money laundering

He also pushed back on the hype of industry around the blockchain technology and claimed to be less important than that – although JPMorgan continues to build in space.

“We talked about blockchain for 12 to 15 years,” he said. “We spend too much about it. It doesn’t matter how you all think.”

Own blockchain platform of bank, kinexys, recently Performed a test transaction on a public blockchain For the first time, settling tokenized American treasures on Testnet Ondo Chain.





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