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JPMorgan's CEO Dimon States, 'Banks Will Reject the Clarity Act'

2026/05/31 06:44
CoinPost
Written by L.Kikutani
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JPMorgan's CEO Dimon States, 'Banks Will Reject the Clarity Act'

Declaration of Rejection

Declaration of Rejection

On May 29, Jamie Dimon, CEO of JPMorgan Chase, appeared on the Fox Business show 'Mornings with Maria' and explicitly stated that banks would not accept the current draft of the U.S. cryptocurrency market structure bill, known as the 'Clarity Act'.

Dimon argued that the current bill allows virtual currency companies to pay de facto interest on deposits without implementing bank-level protective measures...

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MAGAZINE
Iolite Vol.20

Iolite Vol.20

July 2026 issueReleased on 2026/05/29

Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.

MAGAZINE

Iolite Vol.20

July 2026 issueReleased on 2026/05/29
Interview Michael Shaulov, CEO & Co-Founder of Fireblocks Marcus Infanger, SVP of RippleX PHOTO & INTERVIEW Ryoko Yonekura Special Features "The Future of Payments: Beyond the Gateway" "Innovation Without Taboos: The Dual-Use Shockwave" "The Future of Humanity Expanded by BMI: The 'Sixth Sense' Stemming from Brain-Computer Interface Devices" [Dialogue Series] The NISHI Talk: Crypto Conversations"The 'True Decentralization' of DeFi and the Challenges Facing the Crypto Industry" Kasou NISHI × Yoshihiko Uchida Series Tech and Future by Toshinao Sasaki... and more.