JPMorgan Opens Bitcoin Access

At JPMorgan’s recent Investor Day, CEO Jamie Dimon announced that the bank will allow clients to purchase Bitcoin. However, JPMorgan will not offer custody services for these assets. Dimon, known for his critical stance on Bitcoin, reiterated his personal disapproval, citing concerns over its use in illegal activities. Despite Dimon’s reservations, JPMorgan’s decision aligns with other major banks like Morgan Stanley, which already provide clients access to Bitcoin investments.