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JPMorgan CEO Jamie Dimon Opposes CLARITY Act Over Stablecoins

Dimon's Dubious Doomsday Scenarios Jamie Dimon, CEO of JPMorgan Chase, has inserted himself into the contentious world of digital assets and stablecoins once again.

In a recent interview with Fox Business, he warned that yield paying stablecoins could trigger a "shadow banking" crisis.

The Digital Asset Market Clarity (CLARITY) Act aims to establish a federal framework for digital assets, including regulation of offering yields on stablecoins.

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