{"id":43403,"date":"2021-05-29T14:47:52","date_gmt":"2021-05-29T11:47:52","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=43403"},"modified":"2025-08-31T03:29:22","modified_gmt":"2025-08-31T00:29:22","slug":"jpmorgan-chief-jamie-dimon-urges-investors-to-steer-clear-of-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/jpmorgan-chief-jamie-dimon-urges-investors-to-steer-clear-of-bitcoin\/","title":{"rendered":"JPMorgan chief Jamie Dimon urges investors to steer clear of Bitcoin"},"content":{"rendered":"<p>JPMorgan chief Jamie Dimon reiterated his scepticism about digital assets during <a href=\\\"https:\/\/youtu.be\/Tspaxncgkjc\\\" target=\\\"_blank\\\" rel=\\\"noreferrer noopener nofollow\\\">testimony before Congress<\/a> before the House Financial Services Committee of the U.S. Congress.<\/p>\n<blockquote class=\\\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\\\">\n<p>&#8220;My personal advice to people: steer clear of cryptocurrencies. That doesn&#8217;t mean JPMorgan clients won&#8217;t be able to invest in Bitcoin. I don&#8217;t smoke marijuana, but if it were legalized nationwide, I won&#8217;t stand in anyone&#8217;s way,&#8221; Dimon said.<\/p>\n<\/blockquote>\n<p>Earlier, the JPMorgan CEO has repeatedly criticised cryptocurrencies, pledged to fire employees trading digital assets, and labelled Bitcoin holders as fools.<\/p>\n<p>Earlier in May, Dimon <a href=\"https:\/\/forklog.com\/en\/news\/jamie-dimon-acknowledges-jpmorgan-clients-interest-in-bitcoin\">acknowledged client interest<\/a> in the bank&#8217;s digital gold, but stressed his persistent scepticism towards the asset.<\/p>\n<p>At the end of April, JPMorgan together with DBS and Temasek of Singapore <a href=\"https:\/\/forklog.com\/en\/news\/jpmorgan-dbs-and-temasek-to-build-blockchain-platform-for-interbank-payments\">announced the development<\/a> of an industry platform based on DLT technology for interbank payments, trading and settlements in foreign currencies.<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 news on cryptocurrencies, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>JPMorgan chief Jamie Dimon reiterated his scepticism about digital assets during his testimony before the U.S. House of Representatives&#8217; Financial Services Committee.<\/p>\n","protected":false},"author":1,"featured_media":43404,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1283,229],"class_list":["post-43403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-jamie-dimon","tag-jpmorgan"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=43403"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43403\/revisions"}],"predecessor-version":[{"id":43405,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/43403\/revisions\/43405"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/43404"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=43403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=43403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=43403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}