JPMorgan to allow clients to buy Bitcoin
JPMorgan CEO Jamie Dimon announced that the international bank will allow clients to buy Bitcoin but will not offer custody services. He remains skeptical of the cryptocurrency
International bank JPMorgan will allow clients to buy Bitcoin, but will not offer custody services, according to the bank’s CEO, Jamie Dimon.
The CEO remains skeptical of cryptocurrencies, particularly bitcoin, but shows a slight openness, although he still considers the asset worthless.
Earlier this year, he called bitcoin a Ponzi scheme. However, now, thanks to the country’s moderate openness to cryptocurrencies, the bank will offer this new option to its clients.
JPMorgan has been emphatic that it will not directly store cryptocurrencies. “This decision appears designed to minimize the legal and operational risks involved in managing digital assets, especially in light of traditional financial sector regulations.”
M.Pino
Source: diariobitcoin
(Reference image source: IKECHUKWU JULIUS UGWU on Unsplash)
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