Saturday, July 26, 2025
  • Login
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
CRYPTO MARKETCAP
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

JPMorgan Chase Will Allow Clients to Buy Bitcoin

by SB Crypto Guru News
May 19, 2025
in NFT
Reading Time: 1 min read
0 0
A A
0


In 2022, JPMorgan Chase CEO Jamie Dimon called cryptocurrency “decentralized Ponzi schemes” at a U.S. House Financial Services Committee hearing. “I’m a major skeptic on crypto tokens, which you call currency, like Bitcoin,” he said at the time.

But on Monday at JPMorgan’s annual investor day, Dimon said that JPMorgan Chase, the U.S.’s largest bank, will allow its clients to buy Bitcoin, per CNBC.

Related: JPMorgan Chase Says AI Could Cut Headcount By 10% in Some Divisions: ‘We Will Deliver More’

“We are going to allow you to buy it,” Dimon said. “We’re not going to custody it. We’re going to put it in statements for clients.”

JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025. MICHEL EULER/POOL/AFP | Getty

Rival Morgan Stanley has allowed clients to buy bitcoin ETFs since August 2024.

Dimon has long cited the risks of bitcoin, including money laundering. At Davos last year, he called it a “pet rock” that “does nothing.”

Related: ‘This Has to Stop’: JPMorgan CEO Jamie Dimon Outlines How to Run a Successful Meeting

But that doesn’t mean he is going to hold other people back from making their own financial choices.

“I don’t think you should smoke, but I defend your right to smoke,” Dimon said. “I defend your right to buy bitcoin.”



Source link

Tags: BitcoinBitcoin NewsBuyChaseClientsCrypto NewsCrypto UpdatesJPMorganLatest News on CryptoSB Crypto Guru News
Previous Post

Finastra Sells Off Treasury and Capital Markets Division

Next Post

Behind Circle’s Public Listing Push Lies Private Bidding War With Crypto Giants: Report

Related Posts

Why I Almost Always Choose Referrals When Hiring — And You Should Too

Why I Almost Always Choose Referrals When Hiring — And You Should Too

by SB Crypto Guru News
July 26, 2025
0

Opinions expressed by Entrepreneur contributors are their own. Many ask me, "Why focus your business growth on referrals?" My answer...

US Senators propose anti-money-laundering legislation for the art market – The Art Newspaper

US Senators propose anti-money-laundering legislation for the art market – The Art Newspaper

by SB Crypto Guru News
July 25, 2025
0

A bipartisan group of US Senators has introduced new legislation, dubbed the “Art Market Integrity Act”, which would require art...

Rethinking public art and remembering Koyo Kouoh: inside the Experimenter Curator’s Hub 2025 – The Art Newspaper

Rethinking public art and remembering Koyo Kouoh: inside the Experimenter Curator’s Hub 2025 – The Art Newspaper

by SB Crypto Guru News
July 25, 2025
0

Last weekend (18-19 July), while monsoon showers had reduced Kolkata to a waterlogged standstill, a gallery in the city was...

American Museum of Natural History announces free admission for low-income New Yorkers – The Art Newspaper

American Museum of Natural History announces free admission for low-income New Yorkers – The Art Newspaper

by SB Crypto Guru News
July 24, 2025
0

A new initiative by New York City’s American Museum of Natural History (AMNH) grants free access to its exhibitions and...

Microsoft CEO Explains Recent Layoffs in Internal Memo

Microsoft CEO Explains Recent Layoffs in Internal Memo

by SB Crypto Guru News
July 24, 2025
0

Despite Microsoft's position as the No. 2 most valuable company in the world, behind Nvidia, with a market value of...

Load More
Next Post
Behind Circle’s Public Listing Push Lies Private Bidding War With Crypto Giants: Report

Behind Circle’s Public Listing Push Lies Private Bidding War With Crypto Giants: Report

Town Star Unveils Special NFT Discounts for May 2025

Town Star Unveils Special NFT Discounts for May 2025

Facebook Twitter LinkedIn Tumblr RSS

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

Copyright © 2022 - SB Crypto Guru News.
SB Crypto Guru News is not responsible for the content of external sites.