JPMorgan Sees More Crypto Adoption in 2022, Debates Bitcoin’s Status as Store of Value
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Regarding bitcoin, JPMorgan says it’s “particularly well-designed as a modern store of value, and the strong design has contributed to the increased confidence in and value of Bitcoin.” However,…
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A few months after calling Bitcoin “as useless as a rock,” Jamie Dimon changes course: now the CEO of JPMorgan declares himself a supporter of stablecoin and blockchain technology, marking a turning point in the approach of traditional banks to cryptocurrencies. Why has Jamie Dimon changed his mind about stablecoins?…
After gold advocate Peter Schiff, JPMorgan CEO Jamie Dimon, known for his hostility to Bitcoin, made new statements. JPMorgan CEO finally gave Bitcoin the green light, CNBC reported. Speaking at JPMorgan’s annual investor day, Jamie Dimon announced that his bank will soon allow its customers to buy Bitcoin. Although customers…