J.P. Morgan Chase Chairman and CEO Jamie Dimon is backpedaling a bit on his earlier criticisms on cryptocurrencies.

In September, Dimon called bitcoin a fraud. “I regret making” that comment, he said Tuesday on Fox Business.

“The blockchain is real,” Dimon added in the interview. “You can have cryptodollars in yen and stuff like that.

ICOs … you got to look at every one individually.

The bitcoin was always to me what the governments are going to feel about bitcoin when it gets really big. And I just have a different opinion than other people.” Read more from cnbc.com…

thumbnail courtesy of cnbc.com