Cornerback Aaron Donald during a Los Angeles Rams game.

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JPMorgan Chase CEO Jamie Dimon has made it known in the past that he is no fan of Bitcoin and has now reiterated his sentiment on the world’s most popular cryptocurrency,. Dimon, a longtime critic of crypto, trashing Bitcoin as a fraud in the past, saying it has no intrinsic value, but also speaking this afternoon at the conference with Citigroup's chairman, John Dugan, who says that he thinks it would be "appropriate," quote, for banks to hold higher capital requirements against crypto assets on their balance. Jamie Dimon has warned that the U.S. economy could tip into recession in six to nine months and the stock market could fall another 20%. Disclaimer: This article is for. Dimon’s comments are the latest in a series of jabs against bitcoin, after calling it a fraud in 2017. The bank has since warmed to digital currencies. This past summer, it gave.

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. JP Morgan chairman and CEO Jamie Dimon has branded Bitcoin as "worthless" and said that governments will soon regulate cryptocurrencies.. Dimon has been outspoken about digital currencies in the past, previously telling Axios that it has "no intrinsic value" and that regulators are going to "regulate the hell out of it.". At a virtual event hosted by the Institute of International. Oct 11, 2021 During an event hosted by the Institution of International Finance the CEO of JPMorgan Chase, Jamie Dimon, said that Bitcoin was worthless but that the clients of JPMorgan disagree and are seeking exposure. Learn how smart money is playing the crypto game. Subscribe to our premium newsletter - Crypto Investor. Jamie Dimon. JPMorgan published third-quarter earnings on Friday that beat Wall Street's forecasts. The bank's net revenue grew 10%, but net income slid 17% as it built up. A representation of cryptocurrency Bitcoin is seen in this illustration. (REUTERS) 1 min read . Updated: 12 Oct 2021, 06:44 AM IST Elizabeth Dilts Marshall and David Henry,.

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