Sep

JPMorgan’s Marko Kolanovic Joins His Boss in Bashing Bitcoin

Quant strategist warns of regulatory risk after Chinese moves
Valuation not possible under traditional currency measures

Well, it ain’t Jamie Dimon, but there’s another heavy hitter at JPMorgan Chase & Co. who isn’t a fan of cryptocurrencies.

Global Head of Quantitative and Derivatives Strategy Marko Kolanovic (also known as “Gandalf” and “Half-Man, Half-God”) echoed many of his boss’ warnings about digital currencies in an assessment of the asset class on Wednesday.

Bitcoin is down roughly 8 percent since being called a “fraud” by Dimon on Tuesday afternoon…

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JPMorgan’s Marko Kolanovic Joins His Boss in Bashing Bitcoin

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