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JPMorgan Chase CEO Advises People To Stay Away From Cryptocurrencies

Mary Liu

Summary: At the hearing of the House Financial Services Committee on Thursday, JPMorgan CEO Jamie Dimon reiterated his anti-crypto stance.  "My own personal advice to people is to stay away from it. That does not mean the clients don't want it. This goes back to how you have to run a business. I don't smoke marijuana, ...

At the hearing of the House Financial Services Committee on Thursday, JPMorgan CEO Jamie Dimon reiterated his anti-crypto stance. 

"My own personal advice to people is to stay away from it. That does not mean the clients don't want it. This goes back to how you have to run a business. I don't smoke marijuana, but if you make it nationally legal, I'm not going to stop our people from banking it. I don't tell people how to spend their money." Dimon said.

Early this month, Dimon told the Wall Street Journal that he was not a supporter of Bitcoin and had no interest in Bitcoin.

By Mary Liu

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