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2026-05-30 06:58:35

💬 Jamie Dimon, the CEO of JPMorgan, states that banks plan to oppose the CLARITY law in its current form, claiming that it would allow crypto companies to offer rewards based on stablecoins without the same regulatory guarantees required of banks.

He also said that it does not adequately address the requirements of AML (Anti-Money Laundering) laws and banking secrecy laws.
Dimon also criticized Coinbase CEO Brian Armstrong for his lobbying efforts in favor of the legislation.

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