Tag: Jamie Dimon

Sovereign Fund Exec Advocates Keeping an Open Mind to Bitcoin

The remarks made by JPMorgan Chase CEO Jamie Dimon earlier this year have not been received well by the Bitcoin community. In fact, some of his own employees think he missed the ball completely. Bitcoin is now receiving some unexpected support from one fund manager in the United Arab Emirates. More specifically, the head of Abu Dhabi’s Mubadala Investment Company feels that one should be open-minded when it comes to Bitcoin and other cryptocurrencies. It’s a refreshing attitude, to …
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Swiss JPMorgan Subsidiary Charged With Money Laundering

It turns out karma is a very real thing. Not too long ago, JPMorgan Chase CEO Jamie Dimon called Bitcoin a tool for money laundering and made some other less-than-flattering comments about the world’s leading cryptocurrency. Karma has come a-knocking for Dimon’s institution, as one of its subsidiaries has since been sanctioned for money laundering and violating supervision laws. Perhaps they should have used Bitcoin after all? JPMorgan and Money Laundering It is always …
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Mark Cuban Confirms Investment in Bitcoin, Rejects Jamie Dimon

In an interview with Bloomberg’s Emily Chang at the Vanity Fair New Establishment Summit in Los Angeles, billionaire investor and Dallas Mavericks owner Mark Cuban reaffirmed his investment in bitcoin. For many months, Cuban had hinted at plans to invest in bitcoin and other cryptocurrencies. On October 3, Cuban confirmed that he had purchased bitcoin through the Swedish bitcoin exchange-traded fund (ETN) XBT Provider, which is traded on Nasdaq Nordic. XBT …
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