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JPMorgan To Allow Customers Buy Bitcoin But Dismisses BTC Custody Plans

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Summary
Nutrition label

66% Informative

JPMorgan to allow clients to buy Bitcoin despite CEO Jamie Dimon ’s long-standing skepticism toward the cryptocurrency.

The decision is a clear U-turn for the $4 trillion asset manager, which only recently showed a measured stance in embracing cryptocurrency investing.

The bank completed its first public transaction of tokenized treasuries last week .

VR Score

48

Informative language

37

Neutral language

48

Article tone

formal

Language

English

Language complexity

59

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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