After four years of calling cryptocurrencies a “fraud,” American investment bank JP Morgan Chase is now actively hiring developers for Ethereum and blockchain development.
The position was posted on Glassdoor, a US-based job and recruiting site. The firm is looking for developers with experience writing smart contracts, implementing business applications, and verifying cryptographic protocols on the blockchain.
The announcement is an interesting shift in tone after many years of considering bitcoin a fraud. In 2017, Jamie Dimon, current Chief Executive Officer, said that crypto assets were “worse than tulip bulbs.” He added he would fire any JP Morgan trader dealing with cryptocurrencies.
