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JP Morgan Chase is reportedly now accepting clients involved in cryptocurrency. Chase has been a vocal critic of both Bitcoin and cryptocurrency for years. Many suspected that they were quietly investing in Bitcoin while discrediting the currency in public statements. I remember when Chase actually penalized customers with fees when they used a Chase debit to purchase Bitcoin.
Coinbase has reportedly become a Chase customer. By embracing such a high profile cryptocurrency business, Chase seems to be sending a welcome message to future cryptocurrency investment.