Shut crypto down – JPMorgan boss ...News

Digital assets facilitate illegal activities and should be banned, Jamie Dimon says Cryptocurrencies should be outlawed, JPMorgan CEO Jamie Dimon said at the US Senate Banking Committee’s annual Wall Street oversight hearing on Wednesday. According to Dimon, who has a long history of criticizing digital currencies, the “only true use case” for cryptocurrencies is criminal activity, from drug trafficking and money laundering to tax avoidance. “I’ve always been deeply opposed to crypto, bitcoin, etc… If I was the government, I’d close it down,” the CEO stated. Dimon and several other industry chiefs, including Bank

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