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JPMorgan execs draw comparison between yield stablecoins and 'shadow banking'
JPMorgan execs argued that stablecoin innovation can easily drift into “shadow banking” if yield payments are permitted.
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coindesk.com
JPMorgan backs U.S. crypto bill but warns of risks in digital asset framework
The bank says Congress should pair regulatory clarity with safeguards as Senate negotiates the Clarity Act.
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cryptobriefing.com
JPMorgan warns stablecoin rewards could create shadow banking risks
JPMorgan supports the Digital Asset Market Clarity Act but warns stablecoin yield concerns and midterm elections could derail the crypto regulatory bill.
