Date: 2025-05-20
Jamie Dimon, the CEO of JPMorgan, said his bank will soon allow its clients to buy Bitcoin, but it won’t custody the cryptocurrency.“We are going to allow you to buy it,” Dimon said at JPMorgan’s annual investor day on May 19. “We’re not going to custody it. We’re going to put it in statements for clients.”CNBC reported that Dimon also remarked on his long-held skepticism about crypto assets, pointing to their use in money laundering, sex trafficking and terrorism.“I don’t think you should smoke, but I defend your right to smoke. I defend your right to buy Bitcoin,” he said.Michael Saylor comments on Dimon’s announcement. Source: Michael SaylorJPMorgan will offer clients access to Bitcoin (BTC) exchange-traded funds (ETFs), CNBC reported, c...
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