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JPMorgan Chase CEO Jamie Dimon came out swinging against the Clarity Act on Fox Business on May 29, 2026, calling the…
JPMorgan Chase CEO Jamie Dimon came out swinging against the Clarity Act on Fox Business on May 29, 2026, calling the legislation a backdoor that lets crypto platforms pay interest on deposits and stablecoins while sidestepping AML and Bank Secrecy Act obligations entirely. In his view, the bill leaves the financial system with almost no meaningful legal protections.
Dimon made clear the banking industry has no intention of accepting this framework, warning it would eventually blow up.
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