JPMorgan CEO criticizes crypto, suggests shutdown

Cryptocurrencies

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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.