JPMorgan Chase CEO: We do provide banking services to some crypto companies, but if problems arise, we may face millions of dollars in fines

JPMorgan Chase CEO Jamie Dimon said in the podcast "The Unshakeables" co-produced by Chase for Business that while JPMorgan Chase does provide banking services to some crypto companies, those companies could face millions of dollars in fines if problems arise. Jamie Dimon also pointed out that banks are not allowed to tell customers why their services have been suspended. Jamie Dimon, a long-time critic of cryptocurrencies, said: "I think we should be allowed to tell customers why." He added: "When we report relevant situations, the federal government should know, and there should be clearer regulations defining our responsibilities and obligations."