online resources

Jamie Dimon Believes BTC Regulation Is A Serious Emerging Issue

JPMorgan CEO Jamie Dimon believes BTC regulation will pose a serious emerging issue during a shareholder letter as we can see more in our latest bitcoin news today. Jamie Dimon believes BTC regulation is a serious issue but that legal and regulatory clarity is needed with cryptocurrencies, reiterating the threat of fintech. The legal and regulatory status of BTC and other crypto assets is something that has to be dealt with in an instant according to Dimon. He previously called BTC a “fraud” back in 2017 and made comments in the letter to the shareholders today:  “There are serious emerging…

Continue Reading Jamie Dimon Believes BTC Regulation Is A Serious Emerging Issue

Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

Julius Baer, one amongst the above-mentioned top-five Swiss bank, recorded its net profit upsurge by 34% in the first half-yearly of 2020 which accords with the bank’s introduction of a supervisory provision for digital assets like Bitcoin (BTC) in January, the same time span in which it initiated offering digital assets like Bitcoin to its clients. Julius Baer Group, manages $427 billion in assets, proclaimed on July 20 that its revenue amplified by $524 million in the last 2 quarters. The bank was mostly furthered from an escalation in trade revenues all over the U.S. and Europe. Overall surge in…

Continue Reading Top 5 Swiss Bank’s Profits up 34% After Bitcoin Integration

End of content

No more pages to load