Published on October 12th, 2017 | by bitcoin0
JPMorgan CEO on Bitcoin
JPMorgan CEO Jamie Dimon has said he is “not going to talk about Bitcoin anymore” as the company says it is “open-minded” about cryptocurrency.
As reported by CNBC Thursday, Dimon, who caused a Bitcoin flash crash when he described it as a “fraud,” appears to have lost faith in his own judgment.
But I’m not going to talk about bitcoin anymore,” he told reports responding to a query.
Adding to the apparent U-turn on the bank’s anti-Bitcoin sentiment, CFO Marianne Lake even went as far as to accept it.
The comments come as fellow finance figures pointed to what they called “hypocrisy” at JPMorgan and Dimon’s comments.