FDIC Vice Chairman Travis Hill is set to become acting chairman at the start of the next administration, and he's critical of the FDIC's digital assets stance.
The crypto's main uses are for sex trafficking, money laundering and ransomware, claimed Dimon, a longtime foe of bitcoin.
The majority of the token's supply has been allocated to the community.
Capital Group is also the second-largest shareholder in MicroStrategy, trailing only Michael Saylor.
The Michael Saylor-led company added to its bitcoin stack for the 10th consecutive week.
When bitcoin typically puts in these many consecutive positive adjustments it has marked near cycle tops and bottoms.
Risk assets trade weak as investment banks pare back Fed rate cuts in the wake of Friday's hotter-than-expected U.S. jobs report.
More than 12 new digital asset ETFs could be launched in the U.S. this year, if approved by the SEC, the report said.
Singapore Blocks Polymarket, Following Taiwan and France
On Jan. 18, Ondo Finance will free up 1.94 billion ONDO tokens, equating to over 130% of the token's circulating supply.