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J.P. Morgan—Bitcoin’s ‘Biggest Enemy’—Suddenly Appears To Be Going All In On Crypto

From forbes.com

J.P. Morgan approved the two bitcoin exchanges' accounts last month and is already processing transactions—potentially signalling the end of the crypto industry's banking woes. The bitcoin and cryptocurrency community has complained for years that banks including J.P. Morgan have denied them services and blocked accounts that dealt with crypto businesses. Meanwhile, it has emerged Jamie Dimon has been hosting secret meetings with Coinbase chief executive Brian Armstrong since 2018, author Jeff Roberts revealed in his book, Kings of Crypto. "Ironically, Brian Armstrong and Jamie Dimon of J.P. Morgan—who was the ... (full story)

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  • Category: Fundamental Analysis