JPMorgan – Rayrice Forex News

JPMorgan Adds Head of Crypto Policy After Dimon’s ‘Ponzi Scheme’ Quip

JPMorgan Chase & Co. CEO Jamie Dimon told lawmakers that cryptocurrencies are “decentralized Ponzi schemes,” less than a month after he hired a new digital assets regulator. Aaron Iovine joined the company this week in a newly created role as director of digital assets regulatory policy, a JPMorgan spokeswoman confirmed. He was previously head of … Read more

JPMorgan advises crypto investors to sell crypto, here’s why.

Investors should consider U.S. value stocks and stocks with low price-to-earnings ratios. JPMorgan’s blockchain lead says most cryptos are junk. JPMorgan Chief Global Strategist David Kelly offered his thoughts to crypto investors worried about the Fed’s latest hawkish stance. He advised the investors to buy long-term value and forget about short-term gains. On Friday, equity … Read more