Cryptocurrencies
Facebook’s Libra Is ‘Neat Idea That’ll Never Happen,’ Dimon Says
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Count the chief of the biggest U.S. bank among doubters of Facebook Inc.’s effort to create a cryptocurrency.
“It was a neat idea that’ll never happen,” JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said Friday on a panel at a conference hosted by the Institute of International Finance in Washington.