The CEO of the largest US bank said cryptocurrencies will be regulated by governments and that he personally thinks bitcoin is “worthless”.
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JPMorgan has declined to comment on suggestions that it pressured First National Bank, through parent FirstRand, to shut the bank accounts of South African cryptocurrency exchanges.
JPMorgan pressured First National Bank to close the accounts of cryptocurrency exchanges in South Africa, according to two separate sources. FNB has strongly denied that external pressure forced its hand.
Bitcoin is showing no signs of slowing down, blowing past $9 000 less than a week after topping $8 000 and now quickly closing in on five big figures. The price of the largest cryptocurrency by market value is soaring as it gains greater
Another day. Another record for bitcoin. The most widely used digital currency will now cost you about $6 125 apiece after blowing past the $5 000 and $6 000 price levels for the first time earlier this month. Bitcoin’s total value is
At first, bitcoin was a way to make payments without banks. Now, with more than US$100bn stashed in digital currencies, banks are debating whether and how to get in on the action. Goldman Sachs Group
Bitcoin traders can breathe a sigh of relief. If JPMorgan Chase & Co’s CEO Jamie Dimon fires them for trading the cybercurrency, Goldman Sachs Group could welcome them with open arms. Goldman is reportedly
In this episode of TechCentral, we bring you a wide-ranging and fascinating discussion with cryptocurrency expert Farzam Ehsani, the blockchain lead at Rand Merchant Bank and chairman of the South African Financial Blockchain Consortium
The world’s central banks can’t sit back and ignore the growth in cryptocurrencies as it could pose a risk to the stability of the financial system, according to the Bank for International Settlements. It said
Dear Mr Dimon, a few days ago, you called bitcoin and cryptocurrencies a “fraud”. You said bitcoin is “not a real thing” and that governments “would close it down”. I understand your perspective and, in fact, I shared a similar view