TLDR Crypto · MARKETS & BUSINESS

JAMIE DIMON SAYS JPMORGAN CHASE IS 'PROBABLY ONE OF THE BIGGER USERS OF BLOCKCHAIN'

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Summary from the TLDR Crypto newsletter

Jamie Dimon, CEO of JPMorgan Chase, reiterated his skepticism of cryptocurrencies but highlighted that JPMorgan is a major user of blockchain technology, calling it an efficient way to share data. Despite dismissing crypto as "worthless," Dimon emphasized that the bank's Onyx blockchain network has processed over $700 billion in transactions since 2020.