Chain News Daily Today TheBitTimes.com

JPMorgan CEO Jamie Dimon is once again sharing his disdain for the Bitcoin cryptocurrency, saying he isn’t a fan. Speaking at the bank’s 2025 Investor Day event., the CEO said explicitly “I am not a fan of Bitcoin.” He also stated that JPMorgan will never custody bitcoin, however they will allow clients to purchase it . “I don’t know what Bitcoin itself is for, but I defend your right to smoke a cigarette. I’ll defend your right to buy Bitcoin. I won’t personally ever buy Bitcoin,” Dimon said. Therefore, JPMorgan is set to allow its clients to purchase the asset that has returned to a six-figure price and is knocking on the door of a fresh all-time high in 2025. JUST IN: JPMorgan CEO Jamie Dimon says "I am not a fan" of Bitcoin. — Watcher.Guru (@WatcherGuru) May 19, 2025 Dimon has long been a critic of the value of Bitcoin specifically. Although he has also reassured his belief in cryptocurrencies as a concept, he has not shared the same faith in BTC, calli...

The chief executive of stablecoin issuer Circle (USDC) says that the firm is moving its headquarters to New York City. In a new thread on the social media platform X, Circle CEO Jeremy Allaire says that the company is moving to New York from Boston to immerse itself in the world of Wall Street as blockchain technology becomes more intertwined with the financial system. “As this technology explodes into the mainstream, and as Circle becomes a more and more important company and infrastructure for this new internet financial system, it became clear that we needed to plant our flag, both literally and figuratively, in the heart of Wall Street, in the most important economic center of the world, and in the great country of the USA.” Allaire says the firm is making the move to NY despite concerns that the US government is hostile toward the digital assets industry. He says that the US is on the brink of becoming the biggest player in the global crypto revol...