JPMorgan Chase’s CEO Jamie Dimon has long been one of Bitcoin’s most vicious skeptics. In 2017, he said he would fire any employee who traded Bitcoin for being “stupid,” and called it a “fraud.” Last year,

JPMorgan Chase CEO Jamie Dimon said that the asset management firm will allow its clients to purchase Bitcoin. The firm will, however, not custody the cryptocurrency, he added. "I am not a fan" of Bitcoin, the billionaire CEO clarified. He was addressing the company's Investor Day on May 19 when he made these remarks.

JPMorgan Chase CEO Jamie Dimon, known to be a cryptocurrency skeptic, said the bank will allow clients to buy bitcoin—though he's not crazy about it himself.