J.P. Morgan Chase CEO Jamie Dimon is not bullish on the future of Facebook’s libra cryptocurrency. “It was a neat idea that’ll never happen,” Dimon said Friday at a conference in Washington D.C. Dimon’s comments come as a raft of corporate partners have dropped out of the libra crypto project. He added that his bank has a similar project called JPM Coin. “We already have stablecoins, they’re not the first to do it,” Dimon said. “I’ve got nothing else to say about it.” (full story)