JPMorgan CEO Jamie Dimon says the bank will allow customers to buy bitcoin

Jpmorgan chase Finally allows customers to buy bitcoin. But the CEO Jamie Dimon The skeptic is still a skeptic.

“We’re going to let you buy it,” Dimon said on Monday’s annual investor day. “We’re not going to custody. We’re going to invest this in customers’ applications.”

The decision means a noticeable step for the US Bank, especially from the Dimon Critic Currency History and the wide cry, and is the last sign of Bitcoin’s entry into the main investment. From August, Morgan Stanley has allowed Its financial advisors have placed some funds that trade bitcoins that trade qualifying customers.

Dimon made it clear that his personal view of Bitcoin remains unchanged, emphasizing issues such as laundering and lack of clarity around the ownership, as well as “sex -gande, terrorism”.

“I don’t think you have to smoke, but I defend your right to smoke,” said Dimon. “I defend your right to buy bitcoin.”

The Bank examines the customers’ offer access to Bitcoin ETFs, according to the information informed about its plans. So far, the company has restricted its crypto-exposition primarily for futures, not direct ownership on Bitcoin.

When in 2021 the crypto -evil grows, the smimon rejected bitcoin as “insignificant”. He told the lawyers while hearing in the Senate at the end of 2023 that he “has always been deep against the crypto, bitcoin, etc.” and this is “the only true use for him – criminals, drug dealers … Money laundering, tax avoiding.” At the hearing, he said that “if I was a government, I would close it.”

At the 2024 World Economic Forum in Davos, Switzerland, said the smoke“Bitcoin does nothing. I call it home rock.” He added that “this is the last time I talk about it with CNBC, so help me God.”

CEO Morgan Stanley Ted Peak said CNBC This year in Davos, the investment bank studies ways to deepen its participation in cryptocurrency markets, moving the regulatory landscape within the procurying of the Presidential Administration Donald Trump.

Ever since Trump has taken up post in January, the Federal Deposit Insurance Corporation and the Current’s Comptroller’s office canceled their anti -script instructions with the federal reserve Partially following the costume. The message issued by the Fed in January 2023 Continues to restrict banks from a certain crypto activity. While the banks can now patronize the cry Cancellation of accounting rule called SAB 121They still face certain work restrictions directly with Digital assets firms.

See: Dimon says his stay in the position of “to the board”