Claim BonusBreaking: Crypto Skeptic JP Morgan CEO Jamie Dimon Not Running For Office
Crypto Market News: Despite recent industry demand for political entry, JP Morgan CEO Jamie Dimon is said to be not running for office any time soon, according to 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.
Also Read: Apple Store Down Ahead Of WWDC, iOS 17, AR/VR Headset Expected To Be Unveiled
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 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 spokesperson, 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 spokesman 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 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?
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Delivered every day.
- Insights that move markets
- 100,000 active subscribers
Related Articles
- CFTC Launches “Future-Proof” Initiative to Modernize Crypto and Prediction Market Rules
- Bitcoin Drops Below $90K as Supreme Court Delays Ruling on Trump Tariffs
- Trump Tariffs: U.S. President Threathens 200% Tariffs on France Amid Greenland Dispute
- Breaking: Tom Lee’s BitMine Acquires 35,268 ETH as Staked Ethereum Surges to All-Time High
- Fed Chair Decision: Trump Could Decide on Powell’s Successor Next Week, Scott Bessent Says
- Chainlink Price Prediction After 24/5 Stock Data Launch: What’s Next For LINK?
- XRP Price Eyes a 25% Rebound Ahead of Brad Garlinghouse Statements at Davos Summit
- Why Silver and Gold Prices Are Rising While Crypto Falls Under Tariff Pressure?
- Solana Price Prediction As NYSE Launched Stock Tokenization Platform
- Bitcoin Price Outlook Ahead of Trump’s Davos Speech as Trade War Tensions Ease
- Top 3 Price Prediction for Ethereum, XRP and Bitcoin If Crypto Structure Gets Approved This Month
