Banking Giant CEO Trashes Crypto – Again – And Warns Of Ban: Here’s Why

Banking Giant CEO Trashes Crypto – Again – And Warns Of Ban: Here’s Why

In a fiery declaration that reverberated through the financial landscape, JPMorgan Chase’s formidable CEO, Jamie Dimon, once again launched a verbal assault on crypto.
Dimon, well-known for speaking his mind, straightforwardly called for a complete ban on digital currencies, linking them to criminal activities without holding back.
The CEO didn’t mince words at a Senate hearing alongside seven other big bank bosses:
“If I was the government, I’d close it down.”
In response to a question from Senator Elizabeth Warren, he stated that he was adamantly against all forms of crypto, including bitcoin.
Dimon expressed worries that terrorists, drug dealers, and rogue states would use them as a means of finance and declared he would shut it down if he were in charge.
Even though Dimon’s bank is deeply engaged in blockchain—the technology that powers the $1.6 trillion cryptocurrency industry—his comments are the most recent assault against the industry.
Dimon Bashes Crypto
In ear

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