JP Morgan and Goldman Advise Clients to Not Buy Bitcoin, Claims Industry Exec

Advisors at JP Morgan and Goldman Sachs are discouraging clients from purchasing Bitcoin, claims a California-based wealth manager. Newly launched Digital Asset Investment Management risked losing an institutional client upon the two banks’ intervention. The firm admits that the potential Bitcoin buyer got cold feet right after speaking to his financial consultants. JP Morgan and Goldman Sachs are advising their clients against purchasing Bitcoin, a unique asset whose US dollar-rate has surged 8,000 percent since […]

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