JPMorgan CEO Jamie Dimon says the bank will let clients buy Bitcoin
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Key Points
JPMorgan CEO Jamie Dimon said clients of the bank can now buy bitcoin, but he reiterated his long-held skepticism about cryptocurrencies. The move puts JPMorgan alongside other major banks such as Morgan Stanley, which already allows its financial advisors to pitch clients on some bitcoin ETFs for eligible clients. While JPMorgan will offer bitcoin access, U.S. banks remain constrained by Federal Reserve rules restricting direct involvement with crypto firms.s
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