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JPMorgan CEO Jamie Dimon on bitcoin: My personal advice is don't get involved
According to the Wall Street Journal's sources, JPMorgan opened its doors to crypto in a significant way by signing Coinbase and Gemini as two. Coinbase ended March with $ billion in cash. Will that be enough to survive a high cash burn rate and declining revenue? JPMorgan declined to comment. The banking giant owns JPM Coin, a stablecoin pegged to the US dollar, that's used to transfer funds cross-border.