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JP Morgan's Jamie Dimon Regrets his "Bitcoin is a Fraud" Statement

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Jamie Dimon, chair of JP Morgan Chase, was once again asked about his thoughts on bitcoin. In a wide-ranging interview on FOX Business, Mr. Dimon was given a few of his notable quotes back to him, and asked to assess his present feelings. It appears he's softened a little on the the world's most popular cryptocurrency, bitcoin, after once referring to it as "a fraud."

Also read: Celebrating Bitcoin's 9th Birthday!

Jamie Dimon Regrets his

Jamie Dimon Warms to Bitcoin

Chairman of JP Morgan Chase, Jamie Dimon, sat down for a televised interview with FOX Business Network's Maria Bartiromo for a segment of her eponymous Mornings with Maria. The two discussed recent overhaul of the US tax structure and its corporate rate, the economy, and health care.

They were gathered at the Westin St. Francis in San Francisco for the 36th Annual JP Morgan Healthcare Conference, which runs through Thursday and included a keynote by Bill Gates.

Jamie Dimon Reversal: Bitcoin Not a Fraud

Ms. Bartiromo, 50, asked also about Mr. Dimon's comments concerning Mr. Trump being a one term president. The banker, who turns 62 in March, acknowledged it wasn't his place to have made that statement, and wished to instead focus on policy. Playfully, Ms. Bartiromo queried the famous executive about speculation Oprah Winfrey could run for the American presidency, and he politely declined comment.

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