JPMorgan’s Jamie Dimon: ‘Buyer beware’ on cryptocurrencies

Jamie Dimon, the CEO of the largest U.S. bank, said Thursday that he has personal concerns with cryptocurrency, but will not steer JPMorgan Chase (JPM) away from offering crypto-related financial services.

In congressional testimony to the U.S. House Financial Services Committee, Dimon was asked about his thoughts on bitcoin and other digital assets.

“My own personal advice to people is: stay away from it. That does not mean the clients don’t want it,” Dimon said. “This goes back to how…


Source link

About search

Check Also

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

European Stocks Drop With US Tech Rally Faltering: Markets Wrap – Yahoo Finance

[unable to retrieve full-text content]European Stocks Drop With US Tech Rally Faltering: Markets Wrap  Yahoo Finance …

Leave a Reply

Your email address will not be published. Required fields are marked *