Jamie Dimon May Stop Commenting on Bitcoin After Years of Criticism as JPMorgan Explores Blockchain Projects

• Jamie Dimon says he will stop commenting on Bitcoin after threats and long-standing criticism.

• Dimon distinguishes between rejecting Bitcoin as an investment and supporting enterprise blockchain adoption.

• JPMorgan has pursued permissioned ledgers: Quorum (sold Aug 2020), JPM Coin (announced 2019) and Onyx; a trademark filing for “JPMD” appeared in June 2025.

Jamie Dimon Bitcoin comments: JPMorgan CEO says he will stop commenting on Bitcoin after threats and backs blockchain innovation. Read COINOTAG’s concise, factual update.

By COINOTAG — Published: October 15, 2025 · Updated: October 15, 2025

What did Jamie Dimon say about Bitcoin?

Jamie Dimon Bitcoin comments indicate that the JPMorgan CEO will no longer publicly comment on Bitcoin after receiving threats linked to his past criticisms. He has repeatedly characterized Bitcoin in negative terms while continuing to advocate for permissioned blockchain systems for institutional use.

Why does Jamie Dimon support blockchain but not Bitcoin?

Dimon separates the technology from the asset. He has said that blockchain offers tangible benefits for improving legacy financial systems — for example, by increasing settlement efficiency and reducing reconciliation costs — but has criticized permissionless cryptocurrencies like Bitcoin for volatility and governance challenges. JPMorgan’s internal projects reflect this stance: Quorum, a permissioned Ethereum fork, was sold in August 2020; the bank announced JPM Coin for institutional settlements in 2019 and later established the Onyx blockchain unit. In June 2025 the bank filed a trademark for a stablecoin-like token referred to as “JPMD” (plain text reporting noted by COINOTAG). These initiatives demonstrate a focus on controlled, permissioned ledgers tailored to banking workflows rather than support for decentralized, public cryptocurrencies.

Frequently Asked Questions

Is Jamie Dimon still opposed to employees trading Bitcoin at JPMorgan?

Jamie Dimon has historically warned against trading Bitcoin, stating in 2017 he would fire employees who traded it and later calling it “worthless” and a “Ponzi scheme.” JPMorgan’s internal policies on employee trading align with regulatory and firm risk controls; for the latest internal rules consult JPMorgan internal compliance documents (plain text reference to company filings and statements).

Why won’t Jamie Dimon comment on Bitcoin anymore?

He has said he will stop commenting after receiving threats tied to his prior remarks. The move aims to reduce personal risk and distractions while allowing the bank to focus on technological experiments with permissioned blockchains and institutional digital assets.

Key Takeaways

• Dimon will stop public Bitcoin commentary: He cited threats as a reason to cease public remarks on the cryptocurrency.
• Clear distinction between asset and technology: JPMorgan pursues permissioned blockchain solutions while maintaining skepticism toward Bitcoin as an investment.
• Institutional efforts continue: Quorum (sold Aug 2020), JPM Coin (2019), Onyx unit, and a “JPMD” trademark filing in June 2025 show active development of bank-focused digital infrastructure. Action: Monitor official JPMorgan filings and company statements for confirmation.

Conclusion

Jamie Dimon Bitcoin comments reflect a sustained skepticism toward Bitcoin the asset while reaffirming confidence in blockchain as a tool for institutional efficiency. COINOTAG reports that JPMorgan’s actions—Quorum, JPM Coin, Onyx and a June 2025 “JPMD” trademark filing—illustrate a pragmatic, permissioned approach to distributed ledgers. For factual updates, consult JPMorgan public statements, company filings and reputable reporting sources (plain text references only). Read COINOTAG for timely, factual coverage.

Sources (plain text): JPMorgan public statements; company filings and press releases; reporting by COINOTAG; industry coverage and ConsenSys announcements (all referenced as plain text, no external links).