Jamie Dimon Opens JPMorgan To Bitcoin Access Despite Longstanding Criticism
Posted On May 19, 2025
JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon, known for his repeated criticisms of Bitcoin (CRYPTO: BTC), acknowledged at the bank’s investor day this week that the firm will now allow clients to buy the cryptocurrency, though it will not offer custody services.
What Happened: Dimon’s remarks mark a shift in tone for the leader of the largest U.S. bank, according to The Block.
Despite referring to Bitcoin as a “Ponzi scheme” as recently as January and maintaining he sees “no value” in it, the firm …
About The Author
