TLDR Crypto · MARKETS & BUSINESS
‘HE'S CHANGED HIS TUNE'—TRUMP REVEALS JPMORGAN CEO'S ‘SUDDEN' BITCOIN AND CRYPTO FLIP
Summary from the TLDR Crypto newsletter
In an interview with Bloomberg, Donald Trump said Jamie Dimon, JP Morgan's CEO, has ‘changed his tune a little bit' on Bitcoin. Previously, Dimon has criticized Bitcoin as a fraud and Ponzi scheme, but he has been overseeing the development of JP Morgan's proprietary blockchain and cryptocurrency to improve internal transactions. Trump also hinted that Dimon is being considered for U.S. Treasury Secretary under his administration.