The use cases for Bitcoin are 'AML, fraud, sex trafficking and tax avoidance,' said Dimon, holding court Wednesday on CNBC from Davos. 'I defend your right to do Bitcoin,' continued Dimon, who one month ago in Congressional testimony urged Senator Elizabeth Warren to 'close it down.'
Asked about asset management giants like Fidelity and BlackRock getting involved with Bitcoin via spot ETFs, Dimon responded that he 'doesn't care,' and promised this will be the last time he speaks about bitcoin.
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