{"id":146725,"date":"2025-01-14T17:30:18","date_gmt":"2025-01-14T15:30:18","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=146725"},"modified":"2025-01-14T01:58:17","modified_gmt":"2025-01-13T23:58:17","slug":"jamie-dimon-labels-bitcoin-a-tool-for-crime-while-jpmorgan-profits-from-crypto","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/jamie-dimon-labels-bitcoin-a-tool-for-crime-while-jpmorgan-profits-from-crypto\/","title":{"rendered":"Jamie Dimon Labels Bitcoin a Tool for Crime While JPMorgan Profits from Crypto"},"content":{"rendered":"<p>In a recent <strong><a href=\"https:\/\/www.cbsnews.com\/news\/jamie-dimon-on-the-economy-billionaires-and-income-inequality\/\" rel=\"nofollow\">interview<\/a> <\/strong>with CBS News, Dimon stated, \u201c<strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin<\/a> <\/strong>has no intrinsic value. It\u2019s frequently tied to activities like money laundering, ransomware, and trafficking, which makes me skeptical.\u201d<\/p>\n<p>Unlike BlackRock\u2019s Larry Fink, who shifted to a pro-Bitcoin stance, Dimon remains unwavering in his criticism, even as JPMorgan capitalizes on crypto\u2019s expansion. The bank plays a role in BlackRock\u2019s spot Bitcoin ETF, highlighting its business pragmatism despite Dimon\u2019s personal reservations.<\/p>\n<p>At the same time, JPMorgan is leaning into blockchain technology. It recently rebranded its Onyx platform to Kinexys to focus on tokenizing real-world assets (RWA) and addressing inefficiencies in the financial system. Plans include launching on-chain foreign exchange services by early 2025.<\/p>\n<p><div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1\">Read More:<\/h5>\n    <a class=\"article row post-146690\" href=\"https:\/\/cryptodnes.bg\/en\/blackrock-expands-bitcoin-etf-to-canada\/\" title=\"BlackRock Expands Bitcoin ETF to Canada\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/canada-to-regulate-crypto-240x170.jpg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">BlackRock Expands Bitcoin ETF to Canada<\/h4>\n        <\/div>\n    <\/a>\n<\/div>\n<\/p>\n<p>Dimon\u2019s comments come as the incoming Trump administration signals plans for a more favorable regulatory environment for Bitcoin and crypto, which could reshape the industry. While Dimon\u2019s skepticism persists, the broader market continues to embrace blockchain innovations, with JPMorgan adapting to the changing financial landscape despite its CEO\u2019s critical stance.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan Chase CEO Jamie Dimon continues to criticize Bitcoin, reiterating his view that the cryptocurrency lacks any inherent value.<\/p>\n","protected":false},"author":9,"featured_media":33352,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72,261,424,294,391,122],"coin_category":[],"class_list":["post-146725","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-blackrock","tag-crypto","tag-etf","tag-rwa","tag-trump"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - 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