Deep Tide TechFlow News. On May 31, according to Forbes, JPMorgan CEO Jamie Dimon said that the U.S. crypto market structure bill, the “Clarity Act,” allows crypto companies to provide yields similar to deposit interest on products such as stablecoins, but it lacks corresponding protections. The relevant arrangement “may ultimately collapse,” and he will not be involved in it. The report noted that disagreement between the banking industry and crypto companies over whether stablecoin accounts can offer interest-like rewards continues. The probability of the “Clarity Act” being passed within the year has fallen from nearly 70% to slightly above 50%. Affected by the related uncertainty, Bitcoin recently fell below $76,000.

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