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JPMorgan Chase to Fight Stablecoin Yield Rules Before August Recess, Dimon Says

Covered by 2 sources · 2 articles

2 outlets - including Tokenist and Coinedition - are covering this story. Jamie Dimon vows JPMorgan will oppose the CLARITY Act's stablecoin yield carveout before the August 7 Senate recess, putting Section 404 at the center of crypto legislation. The post JPMorgan Crypto News: Section 404 Fight Could Reshape Sta…

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JPMorgan Crypto News: Section 404 Fight Could Reshape Stablecoin Yield Rules by August 7
The Tokenist Jul 9, 15:04 UTC

JPMorgan Crypto News: Section 404 Fight Could Reshape Stablecoin Yield Rules by August 7

Jamie Dimon vows JPMorgan will oppose the CLARITY Act's stablecoin yield carveout before the August 7 Senate recess, putting Section 404 at the center of crypto legislation. The post JPMorgan Crypto News: Section 404 Fight Could Reshape Sta…

CoinEdition Jul 8, 13:59 UTC

JPMorgan Chase to Fight Stablecoin Yield Rules Before August Recess, Dimon Says

JPMorgan Chase CEO Jamie Dimon has moved Wall Street’s stablecoin fight into a tighter congressional timetable. He warned that banks will oppose Senate language that still leaves room for crypto reward programs. Speaking on Fox Business, Di…