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Crypto Market News: Despite latest trade demand for political entry, JP Morgan CEO Jamie Dimon is alleged to be not working for workplace any time quickly, in response to newest Bloomberg report. It is broadly identified that the CEO isn’t an enormous fan of the crypto market and the ecosystem round it. Recently, he had hinted about “one day serving public office,” which sparked a requirement that he ought to in all probability run for president. Nevertheless, this may be seen as a aid for the digital belongings trade members.

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It was billionaire investor Bill Ackman who first advised that Dimon may very well be the perfect face to run for the US presidential publish. Earlier, CoinGape reported that having anti-crypto leaders like Dimon may very well be a significant blow at the same time as many leaders are supporting the trigger for having clear regulation throughout marketing campaign debates within the lead as much as the US presidential election 2024.

Jamie Dimon Not Running For Office

Although it not completely clear as as to if the political aspirations are placed on maintain for now or without end, an organization spokesperson stated the Wall Street financial institution CEO has no plans to run for workplace. Joe Evangelisti, a JP Morgan spokesperson, clarified that Dimon was not trying to make a political transfer. It could also be recalled that the CEO known as Bitcoin “a modern day fraud” whereas recognizing the capabilities of blockchain know-how. According to the Bloomberg report, the spokesman said,

“As he has said in the past, Jamie has no plans to run for office. He is very happy in his current role.”

Meanwhile, additional consensus amongst lawmakers is desperately wanted to realize regulatory readability round crypto ecosystem within the United States, within the lead as much as the election 12 months.

Also Read: Crypto Firm Integrates ChatGPT To Enhance Risk Detection, How AI Can Help Prevent Fraud?

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Anvesh experiences main crypto updates round regulation, lawsuits and buying and selling developments. Published round 1,000 articles and relying on crypto and net 3.0. He is presently primarily based in Hyderabad, India. Reach out to him at anvesh@coingape.com or twitter.com/BitcoinReddy

The introduced content material might embody the private opinion of the writer and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The writer or the publication doesn’t maintain any accountability on your private monetary loss.