Significance of JPMorgan Chase Accepting Bitcoin
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Jamie Dimon reluctantly embraces Bitcoin, while Vanguard remains the last giant holdout. - The move underscores the expanding institutional adoption of Bitcoin.
JPMorgan Chase CEO Jamie Dimon has long been a very vocal skeptic and critic of Bitcoin, but that does not mean the company is going to prevent its customers from purchasing the cryptocurrency. At the bank’s annual investor day on Monday,
The JPMorgan CEO said the bank would allow investors to buy bitcoin, while warning of stagflation and sounding hopeful about regulations.