JPMorgan to offer clients option to buy bitcoin, but CEO Jamie Dimon remains skeptical

From Yahoo Finance: 2025-05-19 13:47:00

JPMorgan Chase clients can soon buy bitcoin, as announced by CEO Jamie Dimon at the bank’s Investor Day. Despite his skepticism, Dimon stated the bank will offer the option, but will not hold the asset in custody. He emphasized concerns about bitcoin’s use in illegal activities, such as sex trafficking and money laundering. Dimon also downplayed the importance of blockchain technology, despite JPMorgan’s continued investment in the space. The bank’s blockchain platform, Kinexys, recently tested settling tokenized U.S. Treasuries on a public blockchain for the first time.



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