🏦 JPMorgan CEO Jamie Dimon Permits Clients to Buy Bitcoin
Despite his longstanding skepticism towards cryptocurrencies, JPMorgan Chase CEO Jamie Dimon announced at the bank's annual investor day on May 19, 2025, that clients will now be allowed to purchase Bitcoin. While the bank will not provide custody services, it will include Bitcoin holdings in client statements. Dimon emphasized that his personal views on Bitcoin remain unchanged, comparing the situation to allowing clients to smoke despite personal disapproval.