“When will we finally get involved in the cryptocurrency market?” asked global market leader Troy Rohrbaugh
Four years after JP Morgan CEO Jamie Dimon called bitcoin a “scam”, adding that any of the company’s traders involved in cryptocurrency trading would be fired. bitcoin was wrong:
“If a product of time develops a category of assets that can be exploited by different asset managers and investors, we should participate.”
In particular, CNBC reported that last month, during a meeting held for thousands of JPMorgan Chase traders around the world, Global Market Manager Troy Rohrbaugh asked the following question:
“When will we get involved in the cryptocurrency market? Demand is not where we want it to be yet, but I’m sure it will be at some point.”
It is noted that JPMorgan has already failed four times to hit bitcoin.
However, JP Morgan is not the only bank that will be forced to face the new reality of decentralized financing and cryptocurrencies.
According to CNBC, Goldman Sachs organized a private forum with Mike Novogratz, CEO-founder of the cryptographic company Galaxy Digital, for employees and customers.
Novogratz made explanations for bitcoin, ethereum and other currencies.
