//JPMorgan Chase Admits Cryptocurrency Is a 'Risk' to its Business for the First Time

JPMorgan Chase Admits Cryptocurrency Is a 'Risk' to its Business for the First Time



Despite JPMorgan Chase CEO Jamie Dimon having called Bitcoin a “fraud,” the big bank is now taking cryptocurrency very seriously—acknowledging the blockchain-based technology as a veritable threat to its future. In JPMorgan Chase’s annual report, released Tuesday afternoon, the bank counted …

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