JPMorgan to Allow Bitcoin Buying, But CEO Dimon Maintains Harsh View

TL;DR JPMorgan will allow its clients to buy Bitcoin through their accounts, though custody will have to be handled by external providers. Jamie Dimon reiterated his distrust of Bitcoin but admitted that institutional demand and regulatory changes forced this adjustment. The bank is exploring blockchain applications and recently executed its first structured transaction on a. . . source: https://crypto-economy.com/jpmorgan-to-allow-bitcoin-buying-but-ceo-dimon-maintains-harsh-view/