JPMorgan Chase hired former Celsius executive Aaron Iovine as the new executive director of digital assets regulatory policy, as the banking giant continues to warm to the crypto sector.
Iovine joins JPMorgan as crypto regulatory policy director
It was just a month ago that the company’s CEO Jamie Dimon claimed that cryptocurrencies are “decentralized Ponzi schemes.”
According to Iovine’s LinkedIn profile, he was hired in October after spending only eight months at the crypto exchange that lost around $36 million in Bitcoin and Ether when the master key got hacked. Celsius filed for bankruptcy in July.
Iovine was working as the head of policy and regulatory affairs at Celsius.
Expanding digital asset regulatory scope
Furthermore, together with hiring Iovine, JPMorgan posted an opening for a digital assets counsel position as well.
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