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JPMorgan’s Jamie Dimon on bitcoin: ‘Close it down’

JPMorgan boss calls for crypto to face tougher regulation

JPMorgan boss Jamie Dimon was testifying before a US Senate hearing
JPMorgan boss Jamie Dimon was testifying before a US Senate hearing Photo: Getty Images

JPMorgan Chase CEO Jamie Dimon minced few words when asked at a US Senate hearing on 6 December what to do about cryptocurrencies being used for illegal activity like terrorism, drug trafficking, and ransomware attacks.

“I’ve always been deeply opposed to crypto, bitcoin, etc,” Dimon said. “If I was the government, I’d close it down.”

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