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Banker about cryptocurrency.

Posted by luba66 Lyubov Sultanova on May 30, 2021 - 4:41pm


"Stay away from cryptocurrency" - head of one of the largest banks JPMorgan Chase

 He added that he will not prevent JPMorgan Chase from working with cryptocurrency

 Jamie Dimon, CEO of US investment bank JPMorgan Chase, urged to stay away from cryptocurrencies, but he added that he would not stop JPMorgan Chase from working with cryptocurrency.

 My personal advice to people: stay away from cryptocurrencies.  This does not mean that our clients do not want it.  It's about how you should run your business.  I don't smoke marijuana, but if you make it legal nationally, I'm not going to stop people from doing it.

 Jamie Dimon

 He added that cryptocurrencies cannot be compared to regular currency or gold.  Daimon said his personal views do not affect the financial services that JPMorgan Chase offers to its clients.  JPMorgan Chase and its competitors continue to actively adopt cryptocurrency.  According to CoinDesk, the bank is gearing up to offer an actively managed bitcoin fund to private clients.

Sincerely, Lyubov Sultanova.

Valeriya thanks for the info
June 5, 2021 at 6:38pm
Svetlana N thanks for the info
June 5, 2021 at 10:24am
Bill Bateman I can't imagine that they are not actually investing some small portion of their assets in Crypto currency despite their "advice".
May 30, 2021 at 9:11pm
Caleb Mpamei They tell people not to get involved in it while they themselves are heavily involved in it. That doesn't add up for me.
May 30, 2021 at 5:41pm
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