Dimon: ‘I’m Not Going to Talk About Bitcoin Anymore’
- Jamie Dimon had called it a fraud, now says he won’t say more
- Citi CFO says taking ‘intense’ look at bitcoin, blockchain
Moulton: Bitcoin Will Have to Evolve to Survive
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JPMorgan Chase & Co. joined Wall Street rivals in expressing a willingness to get involved with cryptocurrencies like bitcoin, which surged to a record on Thursday.
“We are very open minded to the potential use cases in the future for digital currencies that are properly controlled and regulated,” Chief Financial Officer Marianne Lake said in response to a question on a conference call with journalists, after the bank reported third-quarter results. “We’re not going to not be part of that conversation. We’ll have to see, it’s quite nascent.”