JPMorgan CEO Argues for Increased Defense Spending Over Bitcoin

JPMorgan Chase CEO Jamie Dimon advocated for prioritizing defense spending over accumulating Bitcoin, highlighting a growing divide within the financial sector. His remarks came at the Reagan National Economic Forum, underscoring the conflicting perspectives on digital assets and their role in national strategies. Dimon’s stance contrasts with the U.S.’s development of a national digital asset reserve, which shows a clear direction for future regulations.