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
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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.