JPMorgan CEO says Bitcoin is ‘a hyped-up fraud’
JPMorgan CEO Jamie Dimon previously slammed Bitcoin as a “Ponzi scheme”. On Thursday, he told CNBC’s Squawk Box that crypto is a decentralised Ponzi scheme and that Bitcoin is just…
Consumer protection needs to be a priority in digital asset projects, says JPMorgan exec
Banks need to prioritise consumer protection as they begin to explore the digital asset space. Umar Farooq, chief executive officer of JPMorgan’s blockchain unit Onyx, believes that banks and other…