JPMorgan's Surprise Decision: The Expected Approval for Bitcoin (BTC) Has Arrived! - CEO Jamie Dimon Announced!

After gold advocate Peter Schiff, the CEO of JPMorgan, Jamie Dimon, known for his hostility towards Bitcoin, made new statements.

According to CNBC, JPMorgan's CEO has finally given the green light to Bitcoin. Speaking at JPMorgan's annual investor day, Jamie Dimon announced that the bank will soon provide its customers with the opportunity to purchase Bitcoin.

Although customers can purchase BTC, the bank will not hold these BTCs.

"We will grant you permission to purchase Bitcoin. However, we will not hold these BTCs. We will place them in account summaries for customers.

I think you should not smoke, but I advocate for your right to smoke. I think you should not buy Bitcoin, but I advocate for your right to purchase Bitcoin.

JPMorgan CEO has long approached Bitcoin with skepticism. Over the years, while his view on Btc has not changed, Dimon states that he is not interested in buying Bitcoin, seeing it as worthless and a fraud.

In a speech, he said, "I have always been deeply opposed to crypto, to Bitcoin. The only real use case for these is criminals, drug traffickers, money laundering, and tax evasion. If I were the government, I would shut them down."