JP Morgan CEO Jamie Dimon spoke in the US Congress at a Senate hearing on Wednesday, alongside seven other big bank CEOs.
Dimon has been a long-time opposer of crypto
- "I've always been deeply opposed to crypto, bitcoin, etc."
and he reiterated his stance, suggesting it should be banned:
- "If I was the government, I'd close it down"
- cryptocurrency firms should follow the same anti-money laundering laws that big banks are subject to
Bitcoin is not bothered, its sitting around USD44K