JP Morgan CEO Jamie Dimon Calls Bitcoin ‘Worthless,’ Says It Will Be Government Regulated

JPMorgan Chase CEO Jamie Dimon speaks at North America's Building Trades Unions (NABTU) 2019 legislative conference in Washington, on April 9, 2019. Jeenah Moon/File Photo/Reuters

JP Morgan chairman and CEO Jamie Dimon has branded Bitcoin as “worthless” and said that governments will soon regulate cryptocurrencies.

Dimon has been outspoken about digital currencies in the past, previously telling Axios that it has “no intrinsic value” and that regulators are going to “regulate the hell out of it.”