Jamie Dimon blasts crypto, tells Senate he would ‘close it down’—even as JPMorgan pushes forward with blockchain payments

Fortune 2023-12-06

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In 2017, the CEO of JPMorgan Chase blasted Bitcoin as “worse than tulip bulbs” and ranted that he would fire anyone at his bank who traded it for being stupid. This was followed by other tirades, including one in January where he labeled Bitcoin a “hyped-up fraud” and compared it to a pet rock.

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