⚡️ JPMorgan’s Journey with Bitcoin: From Criticism to Acceptance

September 2017: JPMorgan CEO called#Bitcoina fraud, threatening to fire employees who traded $BTC.

2018: CEO acknowledged blockchain but continued to reject cryptocurrencies.

2021: Bitcoin was branded as worthless, likened to a pet rock.

July 2021: JPMorgan began publishing educational materials on cryptocurrencies.

September 2023: JPMorgan’s UK bank Chase banned crypto transactions due to rising fraud.

January 2025: JPMorgan now recognizes Bitcoin and gold as essential components of investment portfolios.

🔄 This evolution reflects a significant shift in JPMorgan’s understanding and acceptance of cryptocurrencies, in line with growing institutional adoption.

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