Will Crypto Torch Jamie Dimon?
The $156 in bitcoin being passed via the "Lighting Torch" is a bigger deal than trillions in JPM Coins would be, writes Michael J. Casey.
The JPMorgan Chase CEO said it's only a matter of time before the government moves to regulate bitcoin.
The investment banking giant says the blockchain hype cycle has moved past inflated expectations and into the realm of being commercially viable.
The JPMorgan CEO included cryptocurrency regulation among his chief concerns in his letter to shareholders.
“We’re going to be talking about Libra three years from now," JPMorgan Chase CEO Jamie Dimon said Tuesday.
JPMorgan's CEO has suggested that consumers could eventually use its U.S. dollar-linked token.
"Bitcoin is a fraud." Four small words ignited a maelstrom when JPMorgan CEO Jamie Dimon took the stage at a conference in September. The blockchain world was never quite the same again. In response, bitcoin became the talk of Wall Street, and in that dialogue a beast was unleashed that maybe ... just maybe ... took bitcoin out of obscurity, to its new peaks above $10,000.