JPMorgan CEO Jamie Dimon is a Libra detractor. Dimon is just the latest in a slew of people and businesses who have expressed skepticism.
JPMorgan CEO Jamie Dimon dinged Facebook's cryptocurrency Libra, saying it was a"neat idea" that won't happen. Facebook announced the currency in June, with the idea that people all over the world could use it to pay for services online. But regulators and prospective partners are suspicious, fearing that the currency could be used for criminal purposes and that it jeopardizes financial stability.
JPMorgan CEO Jamie Dimon dinged Facebook's cryptocurrency Libra, saying it was a"neat idea" that won't happen. Facebook announced the currency in June, with the idea that people all over the world could use it to pay for services online. But regulators and prospective partners are suspicious, fearing that the currency could be used for criminal purposes and that it jeopardizes financial stability.
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Jamie Dimon says Libra will never happen, and he wishes he could take JPMorgan privateJPMorgan Chase CEO Jamie Dimon doesn't think Libra, Facebook's embattled cryptocurrency project, will ever get off the ground. 'It was a neat idea that will never happen.'
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Jamie Dimon says Facebook's libra is 'a neat idea that'll never happen'Dimon's comments come as a raft of corporate partners have dropped out of the libra crypto project.
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Dimon says money-market turmoil last month risks morphing into a crisis if Fed falters'We’ve spoken to the regulators and I think they’re quite bright and they’ll look at this. And they should do it before the crisis happens—because it will happen.' -- Jamie Dimon
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Jamie Dimon says Libra will never happen, and he wishes he could take JPMorgan privateJPMorgan Chase CEO Jamie Dimon doesn't think Libra, Facebook's embattled cryptocurrency project, will ever get off the ground. 'It was a neat idea that will never happen.'
Lire la suite »
Jamie Dimon says Facebook's libra is 'a neat idea that'll never happen'Dimon's comments come as a raft of corporate partners have dropped out of the libra crypto project.
Lire la suite »
Dimon says money-market turmoil last month risks morphing into a crisis if Fed falters'We’ve spoken to the regulators and I think they’re quite bright and they’ll look at this. And they should do it before the crisis happens—because it will happen.' -- Jamie Dimon
Lire la suite »