The jpmorgan boss hasn't warmed up to crypto
Dimon has been vocal in his criticism of Bitcoin and other virtual currencies. In 2017, he famously called Bitcoin a"fraud," and said that any JPMorgan trader caught trading it would be fired on the spot.
Since then, Dimon has softened his stance somewhat and even stated that he believed blockchain technology had value. JPMorgan itself has repeatedly dabbled into blockchain despite its boss’s negative attitude toward crypto. However, Dimon has been adamant in his critique of Bitcoin itself. Dimon considers it a speculative"asset" that can never replace real money or become an effective payment system.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Arizona business leaders upbeat in JPMorgan Chase surveys - Phoenix Business JournalNational economic pressures are being felt by business leaders in Arizona too, but many indications suggest that Arizona business leaders are feeling a bit more positive about the overall situation than leaders in other states. Here's how the numbers break down.
Read more »
JPMorgan touts editor job with $30,000 ‘annual restaurant budget’Banking giant JPMorgan Chase is seeking to lure a food editor by offering a “$30,000 annual restaurant budget” in an effort to drive clients to its credit card business.
Read more »
China's reopening could boost Australia's economy by 1%, JPMorgan saysAustralia's economy could be no small beneficiary of an end to China's zero-Covid policy over the next two years, according to JPMorgan.
Read more »
Citigroup CEO Fraser: US Fed to raise rates near 5.5% by May – NikkeiThe US Federal Reserve will raise interest rates to just under 5.5% by May, with an economic recession likely sometime in the second half of 2023, pre
Read more »
India's Paytm bank gets central bank nod to name new CEOPaytm Payments Bank, majority owned by billionaire Vijay Shekhar Sharma, has received India's central bank's approval to name Surinder Chawla as its new chief executive, a statement said.
Read more »
‘I’m bringing a CEO mindset’: Q&A with San Jose’s new mayorMatt Mahan says the status quo isn’t working — and wants to narrow the focus of City Hall’s priorities
Read more »