JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’

As lawmakers advance the crypto bill closer to completion, JPMorgan CEO Jamie Dimon attacked Coinbase CEO Brian Armstrong and criticized the CLARITY Act on Friday. Dimon Predicts Clash Over CLARITY Act Speaking at the Reagan National Economic Forum, Dimon said banks “will not accept” the CLARITY Act in its current form. He also suggested that… Continue reading JPMorgan CEO Goes Nuclear On CLARITY Act, Calling Coinbase’s Armstrong ‘Full Of S-t’

JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats

JPMorgan CEO, Jamie Dimon, warned investors in his latest annual letter that the bank must accelerate its efforts in blockchain technology to meet mounting competition from the crypto sector.  Dimon told shareholders that a “whole new set of competitors” has emerged around blockchain-based products — including stablecoins, smart contracts, and broader tokenization — and that… Continue reading JPMorgan CEO Says Bank Must Build Its Own Blockchain To Counter Crypto Threats