Regulation of ‘Worthless’ Bitcoin is Coming, JPMorgan’s Jamie Dimon Warns

Jamie Dimon, the main enforcement of JPMorgan Chase & Co, reiterated during a property league Monday his content that Bitcoin was “worthless,” and added that governments volition soon modulate the usage of crypto-assets.

“No substance what anyone thinks astir it, authorities is going to modulate it. They are going to modulate it for [anti-money-laundering] purposes, for [Bank Secrecy Act] purposes,” Dimon said, according to Reuters, during a virtual speech astatine the yearly gathering of the Institute of International Finance.

JPMorgan’s...