Jamie Dimon, CEO of JPMorgan Chase, thinks that governments “regulate almost everything” and bitcoin (BTC) is no exception.
- Jamie Dimon, in an interview with the Economic Times, made a similar statement about bitcoin as in the past, “I don’t really care about Bitcoin. I think people spend too much time on him.” said.
- Saying that states will regulate bitcoin, JPMorgan CEO said, “I don’t know if it’s assets, foreign currency, currency or securities laws. But they will regulate it.” made a statement.
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“I have no idea and I don’t care if (these regulations) will eliminate it. I am not a bitcoin buyer. I think borrowers to buy bitcoin are idiots. This does not mean that the price cannot rise 10 times in five years from now. But I don’t care.”
- “Speculation can occur in any market worldwide.” said Dimon, citing the tulip frenzy and the dotcom bubble.
- In a letter to bank shareholders in April 2021, the CEO of JPMorgan addressed issues such as cryptocurrency regulation, shadow banking, cybersecurity risks and artificial intelligence ethics, and highlighted some of the issues related to these issues. “quickly resolved” had stated that it was necessary.
- $3.6 trillion JPMorgan, which manages the asset, created an in-house investment vehicle in August so private banking clients can invest in bitcoin.
Image: JPMorgan CEO Jamie Dimon (Steve Jurvetson, Flickr, image modified by Koin Bulletin)
JPMorgan CEO Dimon: The article “Bitcoin Will Be Regulated” was prepared by Ömer SAKMAR and published on koinbulteni.com.