In a recent Senate hearing, JPMorgan Chase CEO Jamie Dimon called for a complete ban on digital currencies, including bitcoin, linking them to criminal activities. Dimon expressed concerns that terrorists, drug dealers, and rogue states could use cryptocurrencies as a means of finance. Despite his strong stance against crypto, Dimon’s bank is actively engaged in […]
In a recent Senate hearing, JPMorgan Chase CEO Jamie Dimon called for a complete ban on digital currencies, including bitcoin, linking them to criminal activities. Dimon expressed concerns that terrorists, drug dealers, and rogue states could use cryptocurrencies as a means of finance. Despite his strong stance against crypto, Dimon’s bank is actively engaged in […]
JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]
JPMorgan CEO Jamie Dimon is facing backlash after his recent comments about Bitcoin and cryptocurrency. Dimon claimed that the “only true use case” for crypto is to facilitate crime, including drug trafficking, money laundering, and tax avoidance. However, critics were quick to point out the hypocrisy in Dimon’s statements, highlighting that JPMorgan has paid billions […]
CEOs of major banks, including JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, BNY Mellon, Morgan Stanley, and State Street, recently testified before the Senate Banking Committee. During the hearing, JPMorgan Chase CEO Jamie Dimon expressed his opposition to cryptocurrencies, stating that if he were the government, he would shut them down. Dimon […]
CEOs of major banks, including JPMorgan Chase, Wells Fargo, Bank of America, Citigroup, Goldman Sachs, BNY Mellon, Morgan Stanley, and State Street, recently testified before the Senate Banking Committee. During the hearing, JPMorgan Chase CEO Jamie Dimon expressed his opposition to cryptocurrencies, stating that if he were the government, he would shut them down. Dimon […]
Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]
Societe Generale FORGE, a subsidiary of the French banking group Societe Generale, has announced the launch of EUR CoinVertible (EURCV), a stablecoin tied to the Euro and issued on the Ethereum blockchain. EURCV is an ERC20 token designed to provide a low volatility cryptocurrency that maintains a stable value equivalent to the Euro. The stablecoin […]
The Swiss Federal Prosecutor’s Office has charged Trafigura Beheer, a Dutch-based commodity trading company, and three individuals with corruption. This is a significant development as it is rare for criminal charges to be brought against a company. The charges stem from alleged corruption payments in Angola. While Trafigura’s headquarters are in the Netherlands, a significant […]
The Swiss Federal Prosecutor’s Office has charged Trafigura Beheer, a Dutch-based commodity trading company, and three individuals with corruption. This is a significant development as it is rare for criminal charges to be brought against a company. The charges stem from alleged corruption payments in Angola. While Trafigura’s headquarters are in the Netherlands, a significant […]
