Jamie Dimon May Hate These, but His Bank Can’t Just Ignore Them

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By Jeffrey Quiggle Even as the JPMorgan Chase CEO continues to offer vocal criticism of the trend, the nation’s largest bank makes a key hire in the space. JPMorgan Chase & Co. CEO Jamie Dimon, who runs the nation’s largest bank, has been candid in his thoughts about a key trend in finance. Dimon is a persistent critic of cryptocurrences, as he made clear again in testimony on Capitol Hill last month. Cryptocurrencies “are decentralized Ponzi schemes, and the notion that’s good for anybody is unbelievable,” Dimon told lawmakers in Washington Sept. 21. Dimon was not referring to some of the tok…

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