Dimon Sees Crypto Headed Toward U.S. Regulation: IIF Update
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JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon said that cryptocurrencies are going to be regulated as anxiety around stablecoins and the asset class more broadly has been growing in Washington.
“Blockchain can be real, stablecoins can be real,” Dimon said at the Institute of International Finance annual membership meeting, held virtually again this year. “No matter what anyone in the room thinks, nor what any libertarian thinks, nor what anyone thinks about it, government’s going to regulate it.”