The CEO of financial conglomerate JPMorgan Chase, Jamie Dimon, has called on the U.S. government to “shut down” bitcoin to stop its use by criminals.
Jamie Dimon’s comments came at the U.S. Senate Banking Committee’s annual hearing to discuss the uncertainty of cryptocurrency regulation. Dimon added that bitcoin can be used to circumvent sanctions and violate the Office of Foreign Assets Control (OFAC).
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“If I were the government, I would have banned bitcoin a long time ago
Eleanor Ashworth is editor-in-chief at BTCNews. A Cambridge-trained journalist with 18 years across the Financial Times, Reuters and the Telegraph, she joined the crypto beat in 2017 after covering the Bank of England and HM Treasury. She holds the SABEW Best in Business award (2022) and was shortlisted for the British Journalism Awards (2023). At BTCNews she sets the editorial line for Bitcoin and macro markets coverage, with a focus on institutional adoption, regulation and central-bank policy. Based in London.
