Jamie Dimon lashes out against crypto: 'If I was the government, I'd close it down'
Publishing timestamp: 2023-12-06 15:25:15
Summary
JPMorgan Chase CEO Jamie Dimon expressed his opposition to cryptocurrencies, stating that they should be banned and that their only use case is for criminal activities. He also called for crypto companies to face the same anti-money-laundering regulations as major financial institutions. Senator Elizabeth Warren agreed with Dimon's stance, emphasizing the need for Congress to act to prevent terrorists, drug traffickers, and rogue nations from using cryptocurrencies for dangerous activities.
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Keywords: markets, banks, breaking news: politics, breaking news: technology, securities fraud, politics, business news, bitcoin, breaking news: markets, technology, jamie dimon, jpmorgan drn,