Jamie Dimon on Crypto

“I’ve always been deeply opposed to crypto, bitcoin, et cetera,” the head of the largest U.S. bank by assets said under questioning from Sen. Elizabeth Warren (D-Mass.) during a Senate Banking Committee hearing. “The only true use-case for it is criminals, drug traffickers … money laundering, tax avoidance.” 

“If I was the government, I’d close it down,” he added.

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