JP Morgan CEO Dimon urges crypto ban: 'I'd close It down'

<p>JP Morgan CEO Jamie Dimon spoke in the US Congress at a Senate hearing on Wednesday, alongside seven other big bank CEOs.</p><p>Dimon has been a long-time opposer of crypto </p><ul><li>"I've always been deeply opposed to crypto, bitcoin, etc."</li></ul><p>and he reiterated his stance, suggesting it should be banned:</p><ul><li>"If I was the government, I'd close it down"</li><li> cryptocurrency firms should follow the same anti-money laundering laws that big banks are subject to</li></ul><p>Bitcoin is not bothered, its sitting around USD44K</p>

This article was written by Eamonn Sheridan at www.forexlive.com.