JPMorgan's Dimon blasts bitcoin as 'worthless', due for regulation

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JPMorgan's Dimon blasts bitcoin as 'worthless', due for regulation
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Jamie Dimon, JPMorgan Chase & Co chief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is 'worthless.'

A representation of the virtual cryptocurrency Bitcoin is seen in this picture illustration taken June 7, 2021. REUTERS/Edgar Su/Illustrationchief executive, said on Monday at a conference that cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is "worthless."

Dimon, head of the largest U.S. bank, has been a vocal critic of the digital currency, once calling it agave wealth management clients access Stating that his views are different from those of the bank and its board, Dimon said he remains skeptical.

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