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Dimon called bitcoin a fraud but JPMorgan is quoting prices

Section: Daily Dispatches

By Matthew Levine
Bloomberg News
Friday, October 6, 2017

JPMorgan Chase & Co.'s chief executive, Jamie Dimon, famously panned bitcoin. But his bank's clients apparently aren't ready to dismiss it as a "fraud."

The Wall Street firm's widely followed morning markets note highlights the spot price for the cryptocurrency. There it sits, right below a rundown of commodities and above the 10-year Treasury yield -- hardly fringe assets. ...

... For the remainder of the report:

https://www.bloomberg.com/news/articles/2017-10-06/dimon-called-bitcoin-...



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