Crypto Advocates Push JPMorgan Boycott After Treasury Advisory Impact

Bitcoin advocates urged a boycott of JPMorgan after its advisory affected crypto firm Strategy, amplifying tensions between traditional finance and digital-asset communities.

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Crypto Advocates Push JPMorgan Boycott After Treasury Advisory Impact

Crypto Advocates Push JPMorgan Boycott After Treasury Advisory Impact
Bitcoin supporters called for a boycott of JPMorgan following the bank’s advisory that influenced the operations of Strategy, a crypto treasury platform. The backlash intensified as industry participants argued that traditional banks continue restricting digital-asset businesses under the guise of risk management. This conflict highlights ongoing friction between centralized financial institutions and decentralized-asset proponents, contributing to elevated volatility across major cryptocurrencies during the session.
Companies:
  • JPMorgan
Tags:
  • crypto
  • bitcoin