JPMorgan Chase’s CEO Jamie Dimon has long been one of Bitcoin’s most vicious skeptics. In 2017, he said he would fire any employee who traded Bitcoin for being “stupid,” and called it a “fraud.” Last year,

JPMorgan Chase joins Morgan Stanley and others in supporting Bitcoin It'll show on statements, but JPMorgan won't custody Bitcoin CEO Jamie Dimon is still sceptical about cryptocurrency JPMorgan Chase announced at the company's annual investor day that the banking giant will now allow clients to buy Bitcoin,

JPMorgan Chase CEO Jamie Dimon said that the asset management firm will allow its clients to purchase Bitcoin. The firm will, however, not custody the cryptocurrency, he added. "I am not a fan" of Bitcoin, the billionaire CEO clarified. He was addressing the company's Investor Day on May 19 when he made these remarks.