Crypto Skeptic JPMorgan’s Jamie Dimon Not Running For Office – Crypto News – Crypto News
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Crypto Skeptic JPMorgan’s Jamie Dimon Not Running For Office – Crypto News

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Crypto Market News: Despite recent industry demand for political entry, JP Morgan CEO Jamie Dimon is said to not be running for office any time soon, according to the latest Bloomberg report. It is widely known that the CEO is not a big fan of the crypto market and the ecosystem around it. Recently, he had hinted about “one day serving public office,” which sparked a demand that he should probably run for president. Nevertheless, this can be seen as a relief for the digital assets industry participants.

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It was billionaire investor Bill Ackman who first suggested that Dimon could be the ideal face to run for the US presidential post. Earlier, CoinGape Reported that having anti-crypto leaders like Dimon could be a major blow even as many leaders are supporting the cause for having clear regulation during campaign debates in the lead up to the US presidential election 2024.

Jamie Dimon Not Running For Office

Although it is not entirely clear as to whether the political aspirations are put on hold for now or forever, a company spokesperson said the Wall Street bank CEO has no plans to run for office. Joe Evangelisti, a JP Morgan spokesman, clarified that Dimon was not looking to make a political move. It may be recalled that the CEO called Bitcoin “a modern day fraud” while recognizing the capabilities of blockchain technology. According to the Bloomberg report, the spokesperson said,

“As he has said in the past, Jamie has no plans to run for office. He is very happy in his current role.

Meanwhile, further consensus among lawmakers is desperately needed to gain regulatory clarity around the crypto ecosystem in the United States, in the lead up to the election year.

Also Read: Crypto Firm Integrates ChatGPT To Enhance Risk Detection, How AI Can Help Prevent Fraud?

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Anvesh reports major crypto updates around regulation, lawsuits and trading trends. Published around 1,000 articles and counting on crypto and web 3.0. He is currently based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy

The content presented may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

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