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Jamie Dimon Says JPMorgan Will Allow Clients to Buy Bitcoin, But Firm Will Not Custody It

JPMorgan Chase CEO Jamie Dimon has announced that the banking giant will allow its clients to buy Bitcoin, representing a significant shift in the firm’s approach to cryptocurrency services. Speaking at the recent Financial Times Global Banking Summit, Dimon confirmed that the bank will facilitate Bitcoin transactions for interested clients but emphasized that JPMorgan will not directly custody the digital assets. This strategic approach allows the financial institution to meet growing client demand for cryptocurrency exposure while limiting its direct involvement with the volatile asset class.

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Crypto RegulationsDaily newsHot TopicMarkets

Argentinian President Milei Skips Civil Hearing as Libra Case Judge Orders Bank Records Unsealed

Argentinian President Javier Milei did not attend a scheduled civil hearing related to a lawsuit involving Libra, a company with alleged cryptocurrency connections. Court documents confirm that while President Milei was summoned to appear, he did not present himself for the scheduled testimony in what has become an increasingly high-profile legal matter

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