The crypto and traditional banking industries have been at odds regarding the specific language that will be included in the CLARITY Act all year—but the battle of words has reached new heights. The proverbial shots were fired by JPMorgan Chase CEO Jamie Dimon in a Friday interview with Fox Business. While expressing his discontent about how things were progressing with the CLARITY Act, Dimon went a step further, claiming that Coinbase CEO Brian Armstrong was “full of shit.” Both men sit in opposite camps in the CLARITY Act debate, representing the banking and crypto industries, respectively. In the interview, Dimon derided the more than $100 million Coinbase has spent on lobbying and political contributions in Washington. The JPMorgan Chase chief made clear that the banking sector would not yield to the crypto industry, adding, “It will be fought. No one’s gonna bow down to this guy, or that company.” Armstrong is largely seen as the leader of the crypto industry’s lobbying efforts on the CLARITY Act. For his part, the Coinbase CEO previously stated that it was the banking lobbyists who were trying to protect their interests and “ban their competition” using the crypto bill earlier this year.