JPMorgan's Role in Global Dollar Clearing and Stance on Cryptocurrencies

JPMorgan Chase exerts considerable influence through its control of the global U.S. dollar clearing system, a crucial component in cross-border payments and international settlements. According to NS3.AI, the bank is a key enforcer of dollar dominance in the global financial system. Despite its financial power, JPMorgan continues to be a vocal critic of Bitcoin and other cryptocurrencies.