Once again, JPMorgan CEO, Jamie Dimon, criticized Bitcoin, calling the digital currency a “scam” and saying he had “no interest” in it. He said so while speaking at the Aspen Institute’s 25th Annual Summer Celebration Gala on Saturday.
His comments soon spread on the world’s mainstream press. According to Bloomberg, Dimon further “suggested governments may move to shut down the cryptocurrency, because of an inability to control them.”
“I wouldn’t put this high on the category of important things in the world. But I’m not going to talk about bitcoin anymore,” he told reporters almost a year ago. In a recent interview published in the July-August issue of the Harvard Business Review, Dimon refused to comment directly on cryptocurrencies, saying “I probably shouldn’t say any more about cryptocurrency.”
Over the last few months, mixed signals have came from other JPMorgan sources; the company’s co-president Daniel Pinto told the press in May that digital currencies “are real but not in the current form”. He added executives were “looking into” the space at a time when fellow finance giant Goldman Sachs revealed it was working on offering Bitcoin futures.Trade now
NOTE: This article is not an investment advice. Any references to historical price movements or levels is informational and based on external analysis and we do not warranty that any such movements or levels are likely to reoccur in the future.
In accordance with European Securities and Markets Authority’s (ESMA) requirements, binary and digital options trading is only available to clients categorized as professional clients.
GENERAL RISK WARNING
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
77% of retail investor accounts lose money when trading CFDs with this provider.
You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.