Jamie Dimon, the CEO of JPMorgan, says "If I was the government, I’d close it down".
At a Senate Banking Committee hearing, Dimon associates crypto with criminal activities.
All bank CEOs agree on enforcing Anti-Money Laundering rules for crypto firms.
Senator Warren's concerns link crypto to illicit finance, drawing criticism for misunderstanding blockchain technology.
Warren remains a vocal crypto critic in the U.S., focusing on its role in financing terrorism.