JPMORGAN CEO JAMIE DIMON SAYS BITCOIN ISN’T HIS CUP OF TEA

JPMORGAN CEO JAMIE DIMON SAYS BITCOIN ISN’T HIS CUP OF TEA

Gate Trade News Friday, November 20, 2020 44 0

Jamie Dimon, CEO of JPMorgan, is still not convinced of Bitcoin. He said in a recent speech/presentation at the New York Times’ Dealbook Online Summit that Bitcoin is still not his “cup of tea,” adding that he doesn’t want the media or anyone else to get up in a fuss over this.

 

In the video posted on Twitter, it isn’t exactly clear what prompted his comment on the cryptocurrency. Though, Andrew Ross Sorkin, who runs Dealbook, does cover Bitcoin and cryptocurrency on CNBC once in a while.

 

Dimon elaborated to Sorkin that what he is interested in is “structured AML and KYC,” presumably referencing how the cryptocurrency doesn’t have any of that natively built in.