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May 19, 2025

JPMorgan Clients Will Soon Be Able to Buy Bitcoin, Jamie Dimon Confirms

1 min

JPMorgan Chase will soon allow clients to buy bitcoin, as announced by CEO Jamie Dimon during the bank's annual Investor Day. Key points include:

  • Clients can purchase bitcoin, but the bank will not hold it in custody.
  • Dimon remains skeptical of bitcoin, citing its association with illegal activities.
  • He downplayed the importance of blockchain technology despite ongoing investments by JPMorgan.
  • The bank's blockchain platform, Kinexys, successfully completed a test transaction on a public blockchain.