China Daily Global Edition (USA)

JPMorgan CEO regrets comment on bitcoin

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JPMorgan Chase CEO Jamie Dimon softened his stance on bitcoin and regretted calling the digital currency a fraud. In an interview with Fox Business on Tuesday, Dimon said he regretted making his earlier comments on the cryptocurr­ency. The head of the biggest US bank called bitcoin “a fraud” in September 2017 and said the digital currency “won’t end well.”

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