Tag: bank

Jamie Dimon: Bitcoin is a hyped up fraud that doesn’t do anything

Jamie Dimon: Bitcoin is a hyped up fraud that doesn’t do anything

JP Morgan's CEO, Jamie Dimon, is asked about crypto again, but immediately responds with heavy criticism and pessimism.
Fed has started its 12-week test of digital dollar

Fed has started its 12-week test of digital dollar

Several commercial banks will help Fed with the test of the digital dollar in the United States. This is the first test of a CBDC in the US.
Credit Suisse drops 10% amid market speculations

Credit Suisse drops 10% amid market speculations

Investors are worried that the spike in credit default swaps may worsen the situation and cause a lot of problems.