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RE: SHOCKER: JP Morgan-Chase Bans Buying Crypto With Credit Card
This is clearly a play to get people to funnel their money through JPM wealth management if they want to invest in crypto. A manger of the crypto HF recently said in an interview: “I know a lot of the banks like Goldman Sachs, JPMorgan, they’re starting to educate their client base about cryptocurrency..." I read that as - if you want to invest in crypto, you now need to go through your banks investors.