Category: JP Morgan Chase

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Citibank India to Not Permit Card Customers Purchasing or Trading Crypto

Citibank India notified debit card and credit card clients via email on the 13:th of February they would no longer be able to participate in cryptocurrencies such as bitcoin. Citing regional and global concerns from regulators, the over...

JPMorgan Proclaims Bitcoin ETFs Are the ‘Holy Grail’

JPMorgan now recognizes the fantastic potential that a Bitcoin-based ETF can offer. When communicating with its clients about the multiple benefits of such a financial product, the megabank refers to it as the “holy grail for owners and...

UK Bank Lloyds Doesn’t Want Anyone Buying The Bitcoin Dip

As prices tumble and the markets make a huge correction from their spike in early January, the banks are battening down their hatches. Leading UK bank Lloyds joined its counterparts in the US by banning the purchase of...

AIER Researchers: Bitcoin’s Price Moves with News

Researchers at the American Institute for Economic Research (AIER) teamed with Missouri University to examine whether the price of bitcoin is being manipulated by a few traders. Conspiracy theories abound, and new accusations arise regularly. A first in...

Swedish Bank Allegedly Forbids Employees from Owning Cryptocurrency

A giant Northern European bank, Nordea, has allegedly enacted a company policy which forbids its employees from owning or trading in bitcoin or other cryptocurrencies. The bank’s current executive team have a long history of on-the-record skepticism toward...

JP Morgan’s Jamie Dimon Regrets his ”Bitcoin Is a Fraud” Statement

Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked...

Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud

Jamie Dimon Admits He Regrets Calling Bitcoin A Fraud

In an interview with Fox Business Network, JP Morgan Chase Chairman and CEO Jamie Dimon admitted that he regrets calling Bitcoin a fraud. The news follows Dimon’s numerous negative comments about Bitcoin in 2017. Speaking to Maria Bartiromo,...