JPMorgan might be getting into bitcoin even though Jamie Dimon hates it

JPMorgan CEO Jamie Dimon’s opposition to bitcoin, the red-hot cryptocurrency up more than 700% this year, is no secret.

The billionaire has derided the cryptocurrency as a “fraud,” useful only for criminals and murderers. He also said he would fire employees of the bank trading bitcoin for being stupid.

Dimon has since pledged that he will keep quiet about the cryptocurrency.

Still, the US bank is considering whether it will help its clients tap into a potential bitcoin futures market being prepared by the exchange giant Chicago Mercantile Exchange, according to a report by The Wall Street Journal.

“JPMorgan is considering whether to provide its clients access to CME’s new bitcoin product through its futures-brokerage unit,” The Journal’s Alexander Osipovich reported, citing one person familiar with the matter.

The company, according to The Journal, is “assessing whether there is demand among JPMorgan’s customers for the proposed CME bitcoin contract.” […]

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