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Citi, Credit Suisse join JPMorgan in warming to digital currencies

Fresh comments signal a subtle warming to the ecosystem surrounding the $2tn crypto market

By

Alex Daniel

and

Paul Clarke
In an apparent about-turn, JPMorgan CEO Jamie Dimon has called decentralised finance and blockchain 'real, new technologies that can be deployed in both public and private'
In an apparent about-turn, JPMorgan CEO Jamie Dimon has called decentralised finance and blockchain 'real, new technologies that can be deployed in both public and private' Photo: Getty Images

At the World Economic Forum in Switzerland, Credit Suisse chair Axel Lehmann warned against getting left behind as digital assets win over more of the financial world.

Citigroup chief executive Jane Fraser said there had been an “unbundling from what was the old institutions of the world financial order”, towards new firms that are “born digital” thanks to crypto.

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