JPMorgan Chase will now allow bank clients to purchase Bitcoin for their accounts. The move is important given that CEO Jamie Dimon has been such a prominent critic of the cryptocurrency. In yet another sign of just how mainstream crypto has become in the past year,

JPMorgan Chase CEO Jamie Dimon has come to the defence of Fed chairman Jerome Powell, saying his cautious approach is appropriate.

JPMorgan Chase is finally allowing clients to buy bitcoin. But CEO Jamie Dimon is still a skeptic.“We are going to allow you to buy it,” Dimon said at the bank’s annual investor day on Monday. “We’re not going to custody it.

J PMorgan Chase’s CEO Jamie Dimon has long been one of Bitcoin’s most vicious skeptics. In 2017, he said he would fire any employee who traded Bitcoin for being “stupid,” and called it a “fraud.” Last year, he called the cryptocurrency a “pet rock.”

JPMorgan Chase CEO Jamie Dimon, known to be a cryptocurrency skeptic, said the bank will allow clients to buy bitcoin—though he's not crazy about it himself.

JPMorgan Chase CEO Jamie Dimon said markets and central bankers underappreciate the risks created by record U.S. deficits, tariffs and international tensions.

The boss of Wall Street’s biggest bank fears that extreme complacency crept into the market as investors shook off last month’s tariff scare. Wall Street strategists say he might be on to something.