JPMorgan CEO Jamie Dimon Calls Crypto Tokens ‘Pet Rocks’

WATCH: JPMorgan CEO Jamie Dimon likened crypto tokens to “pet rocks.” Annabelle Droulers reports.Source: Bloomberg
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon likened crypto tokens to “pet rocks,” continuing his long history of skepticism about the digital assets.

“Why do we allow this stuff to take place,” Dimon said in an interview with CNBC on Tuesday. He spoke as contagion from the collapse of FTX spreads.