In a remarkable shift in the financial policy of the largest bank in the United States, Jamie Dimon, the CEO of JPMorgan Chase (NYSE:JPM), announced that the bank will start allowing its clients to purchase Bitcoin, despite his continued strong opposition to cryptocurrencies and his view that they are a tool for crime and fraud.

This announcement came during the bank's annual investor day, where Dimon clarified in an interview with CNBC that clients will be able to access Bitcoin through their bank accounts, but emphasized that JPMorgan will not be holding or trading digital assets directly, but will only be listed in client account statements. No additional details were disclosed.

The bank is expected to provide the possibility of investing in Bitcoin-related exchange-traded funds (ETFs), which represents an expansion from its previous limited investments related to digital assets. This move follows major institutions like Morgan Stanley, which have already offered these products to their qualified clients.

Despite this, Dimon maintained his stance on Bitcoin, affirming that he sees no real value in the cryptocurrency and links it to illegal activities such as money laundering, financing terrorism, and human trafficking. Dimon stated, "I don’t think anyone should smoke, but I defend your right to smoke… and I also defend your right to buy Bitcoin."