JPMorgan CEO Jamie Dimon Says Bitcoin Isn’t His Cup of Tea

JPMorgan CEO Jamie Dimon Says Bitcoin Isn’t His Cup of Tea


Bitcoin Is Still Not Jamie Dimon’s Thing

Jamie Dimon, CEO of JPMorgan, is still not convinced of Bitcoin. He said in a recent speech/presentation at the New York Times’ Dealbook Online Summit that Bitcoin is still not his “cup of tea,” adding that he doesn’t want the media or anyone else to get up in a fuss over this.

In the video posted on Twitter, it isn’t exactly clear what prompted his comment on the cryptocurrency. Though, Andrew Ross Sorkin, who runs Dealbook, does cover Bitcoin and cryptocurrency on CNBC once in a while.

Bitcoin is "not my cup of tea," says Jamie Dimon, chief executive of JPMorgan Chase at the #Dealbook Online Summit https://t.co/kxmtVkes2d pic.twitter.com/gf5Ct2nc4O

Trending: Bulldog Trump Attorney To Raffensperger: “People Are Going To Prison In Georgia”

— DealBook (@dealbook) November 18, 2020

Dimon elaborated to Sorkin that what he is interested in is “structured AML and KYC,” presumably referencing how the cryptocurrency doesn’t have any of that natively built in.

The Wall Street CEO

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Send this to a friend