⚡️ NOW: JPMorgan’s Evolving Relationship with Bitcoin
September 2017: JPMorgan CEO called #Bitcoin a fraud and threatened to fire any employee trading $BTC.
2018: The CEO acknowledged blockchain as legitimate but dismissed cryptocurrencies.
2021: Bitcoin was deemed worthless, likened to a pet rock.
July 2021: JPMorgan published educational materials on cryptocurrencies on their official website.
September 2023: JPMorgan’s UK bank, Chase, banned crypto transactions due to rising fraud cases.
January 2025: JPMorgan now recognizes Bitcoin and gold as structurally key components of investment portfolios.
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