Category: JP Morgan

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You Can Now Bid for Jamie Dimon Crypto Art Made From Old Credit Cards

“Terrible Store of Value” is a great piece of work if you’re a collector of crypto art that sticks it to the man whilst providing a side order of utility. Formed out of repurposed credit cards and molded...

Major British Credit Card Issuers Ban Customers From Buying Cryptocurrencies

Britain’s largest banking group is banning its credit card customers from buying cryptocurrencies including bitcoin. Credit card issuers that are banning crypto transactions include the UK’s largest retail bank, Lloyds Bank, Bank of Scotland, Halifax, and MBNA. Also...

Bank of America Becomes the Latest Credit Card-Issuer to Ban Bitcoin

U.S. banks really aren’t big on bitcoin. That’s the inference to be drawn from a widespread crypto crackdown led by major financial institutions. Bank of America, the country’s second largest bank, is the latest player to give bitcoin...

Big Banks Ban Bitcoin Buys – JPMorgan, Bank of America, Citigroup Say No to Crypto Credit Purchases

JPMorgan, Bank of America, and Citigroup are all putting a stop to Bitcoin purchases made using their cards, citing high risk due to extreme price volatility. Credit Card Declined With Bitcoin suffering one of its worst weeks since...

Goldman Sachs CEO: ‘Bitcoin Trading Desk Rumors Are Not True’

According to multiple reports back in October and December of last year, it was said that the financial institution Goldman Sachs had plans to create a bitcoin trading desk. Now a month later, Lloyd Blankfein, the CEO of...

Another FUD String to JP Morgan Bow: Governments Will Ban Bitcoin, Mike Bell

JP Morgan’s Global Market Strategist Mike Bell seems to have timed his tirade against cryptocurrencies perfectly stating that governments could ban them in the wake of confusion emanating from Korea. #REGULATIONS Powered by WPeMatico

Goldman Sachs Recognizes Bitcoin’s Future Potential

First, Jamie Dimon of JP Morgan Chase says he regrets calling bitcoin a fraud. Now, legacy bank Goldman Sachs is formally recognizing how cryptocurrencies such as bitcoin could act as global money. 2018 might be shaping up to...