JP Morgan CEO dubs bitcoin 'worthless' - reports

Due to regulatory pressure

Lauren Mason
clock • 1 min read
JP Morgan Chase & Co's Jamie Dimon
Image:

JP Morgan Chase & Co's Jamie Dimon

Jamie Dimon, JP Morgan Chase & Co’s CEO, has called bitcoin “worthless” due to the likelihood of increased regulation from governments, according to Reuters.

According to a report from Reuters, Dimon, who has been chair and CEO of JP Morgan since 2005, told a conference on Monday (11 October) at the Institute of International Finance that "no matter what anyone...

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