JPMorgan CEO Jamie Dimon Pushes Bank Rules for Stablecoin Issuers

TLDR Jamie Dimon said stablecoin issuers that pay interest on customer balances should face the same rules as banks. He argued that companies holding customer funds and paying interest operate like traditional deposit-taking institutions. Dimon stated that such firms should comply with capital, liquidity, and anti-money laundering requirements applied to banks. He said banks could [...]

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