JP Morgan CEO Dimon urges crypto ban: ‘I’d close It down’

JP Morgan CEO Jamie Dimon spoke in the US Congress at a Senate hearing on Wednesday, alongside seven other big bank CEOs.

Dimon has been a long-time opposer of crypto

  • “I’ve always been deeply opposed to crypto, bitcoin, etc.”

and he reiterated his stance, suggesting it should be banned:

  • “If I was the government, I’d close it down”
  • cryptocurrency firms should follow the same anti-money laundering laws that big banks are subject to

Bitcoin is not bothered, its sitting around USD44K

This article was written by Eamonn Sheridan at Source