JPMorgan CEO Jamie Dimon has once again reiterated his rejection of Bitcoin (BTC), stating that the United States should not stockpile Bitcoin as part of its national reserves.
This statement was made at the Reagan National Economic Forum, shortly after the U.S. government announced the formation of a strategic Bitcoin reserve from assets seized by authorities.
Dimon remained firm in his long-standing criticism of Bitcoin, calling it speculative and lacking intrinsic value. Nevertheless, JPMorgan now allows its clients to purchase Bitcoin, although it does not provide custody services and only records holdings on customer reports.
He also emphasized concerns about the use of Bitcoin in illicit activities such as money laundering and black-market trading. Dimon added that while his bank actively adopts blockchain technology, it remains cautious toward decentralized crypto assets.
Despite Dimon’s ongoing skepticism, JPMorgan continues to respond to market demand by granting clients access to Bitcoin purchases, signaling the growing acceptance of digital assets among major financial institutions.
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