JP Morgan, Bankers: Bitcoin Can Only Compete if it ‘Conforms to Regulations’ If comments from JPMorgan’s CEO are any indication, the financial giant considers Bitcoin a competitor — and it plans to compete.
Bitcoin developers “are going to try and eat our lunch,” JPMorgan Chase Chairman and Chief Exectutive James Dimon said, at the Institute of International Finance annual meeting, as reported by Institutional Investor . “And that’s fine. That’s called competition, and we’ll be […]