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.
SAI Tim Cook (Appel's CEO): Money must remain in the hands of the States.
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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.' Translated, he still wants crypto, but not with his money.
Source: CNN - 🏆 4. / 95 Read more »
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. 😍😇😍 Our mission at is to build the social news network that ends fake news. Check out our video on our profile it’s over 700k views!
Source: CNBC - 🏆 12. / 72 Read more »
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 Jamie has spoken but All I need right now it is weird tweet from dear president from Mr Trump. Communist arrested two American English teachers in China. China imposed Visa curb policy to some US nationals. Cc: realDonaldTrump CNN nytimes thehill Has anyone else noticed all media photos of Jamie Dimon look like the exact same one. All the games they play with interest rates has to end badly...these persistent low rates were only meant for times of crisis, but the fed has made it the new norm to prop up markets, instead of letting markets adjust on their own.
Source: MarketWatch - 🏆 3. / 97 Read more »
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.' Translated, he still wants crypto, but not with his money.
Source: CNN - 🏆 4. / 95 Read more »
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. 😍😇😍 Our mission at is to build the social news network that ends fake news. Check out our video on our profile it’s over 700k views!
Source: CNBC - 🏆 12. / 72 Read more »
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 Jamie has spoken but All I need right now it is weird tweet from dear president from Mr Trump. Communist arrested two American English teachers in China. China imposed Visa curb policy to some US nationals. Cc: realDonaldTrump CNN nytimes thehill Has anyone else noticed all media photos of Jamie Dimon look like the exact same one. All the games they play with interest rates has to end badly...these persistent low rates were only meant for times of crisis, but the fed has made it the new norm to prop up markets, instead of letting markets adjust on their own.
Source: MarketWatch - 🏆 3. / 97 Read more »