JPMorgan Chase (NYSE:JPM) has hired Aaron Iovine as executive director for digital assets regulatory policy, according to Iovine's LinkedIn profile. Bloomberg earlier reported the news on Wednesday, saying JPMorgan recently created the role. The Wall Street bank didn't immediately respond to a request for comment. The move comes less than a month after JPM Chief Jamie Dimon, long known as a crypto skeptic, called cryptocurrencies "decentralized Ponzi schemes" during Congressional testimony. In 2017, Dimon called bitcoin (BTC-USD) a fraud, but then last year said the world's largest digital token is "worthless," but the bank is willing to offer its clients access to bitcoin. According to Bloomberg, Iovine previously headed policy and regulatory for Celsius Network, the cryptocurrency lender that filed for bankruptcy in July.
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