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JPMorgan CEO Jamie Dimon says the bank will let clients buy bitcoin

Published on: 2025-07-03 12:37:40

JPMorgan Chase CEO Jamie Dimon delivers a speech during the Global Markets Conference, ahead of the Choose France summit, in Paris, on May 15, 2025. JPMorgan Chase is finally allowing clients to buy bitcoin . But CEO Jamie Dimon is still a skeptic. "We are going to allow you to buy it," Dimon said at the bank's annual investor day on Monday. "We're not going to custody it. We're going to put it in statements for clients." The decision marks a notable step for the largest U.S. bank, particularly due to Dimon's history of criticizing the digital currency and the crypto market broadly, and is the latest sign of bitcoin's entry into mainstream investing. Since August, Morgan Stanley has allowed its financial advisors to pitch some spot bitcoin exchange-traded funds to qualifying clients. Dimon made it clear that his personal view of bitcoin remains unchanged, highlighting issues like money laundering and the lack of clarity surrounding ownership, along with "the sex trafficking, the te ... Read full article.