JPMORGANGA JAMIE DIMON director says the bank will let the clients buy Bitcoin

JpMorgan Chase finally allows customers to buy Bitcoin. But executive Jamie Dimon is still a skeptic.

“We will allow you to buy it,” Dimon said at the annual day of the bank investor on Monday. “We will not detain it. We will put it in statements for clients.”

The decision marks a significant step for the largest American bank, especially due to Dimon history, criticizing the digital currency and the crypto market, and the latest sign in the main role in the main investment is in the main investment. From August, Morgan Stanley is permitted Its financial advisors to state some spot bitcoin exchange trader for customer qualifications.

Dimon clearly made his personal view of Bitcoin remain unchanged, pointing out problems such as money laundering and lack of clarity owned, together with “sexual trade, terrorism.”

“I don’t think you should smoke, but I defend your right to smoke,” Dimon said. “Defending your right to buy Bitcoin.”

The JPMorgan spokesman refused to develop specific Bank’s specific plans for Bitcoin. So far, the company has limited its cryptic exposure primarily for futures products, not direct ownership of Bitcoin.

When the CRIPTO was planning in 2021. years, Dimon rejected Bitcoin as “worthless”. Told legislators during the senate hearing in late 2023. Years That “it was always deeply against crypto, Bitcoin etc.” And that “the only real case of use for this criminals, drug dealers … money laundering, tax avoidance.” He said it was on the discussion that I would be power, I would close him. “

At the World Economic Forum 2024. years in Davos, Dimon said“Bitcoin doesn’t do anything. I call it home rocks.” He added that: “This is the last time I talk about CNBC, so help me God.”

Morgan Stanley Ceiling Ted Pick said CNBC At this year’s event in Davos that the Investment Bank investigates ways to deepen its participation in cryptocurancing markets, navigation of regulatory landscape under the Pro-Crypt Administration of President Donald trump.

Since the President Trump was attended in January, the Federal Corporation for Insurance of Deposits and the Office of Company Compeller from the currency abolished its anti-crypto guidelines. While banks can now detain crypto, thanks to Ukening of accounting rules called SAB 121They continue to face restrictions to work directly with crypto companies without explicit approval from the Federal Reserve.

Watch: Dimon says his mandate ‘to the board “