JPMorgan Chase CEO Jamie Dimon has walked back his criticism of bitcoin and said that he regrets calling the cryptocurrency “a fraud,” but that he’s still “not interested that much in the subject at all.”
Dimon in September threatened to fire Chase employees that invested the bank’s money in bitcoin or other cryptocurrencies. Bitcoin prices were cruising upward at the time, months before cryptocurrency values skyrocketed.
Dimon’s bank has since explored bitcoin futures trading and a blockchain-based payments system.
Read more at The Hill.