In brief
- President Donald Trump on Tuesday accused banks of trying to undermine the crypto industry, urging Congress to move quickly on digital-asset market-structure legislation.
- JPMorgan’s Jamie Dimon said the same day companies offering stablecoin rewards should operate as banks, warning unequal regulation could harm the financial system.
- It comes as the Office of the Comptroller of the Currency is moving ahead with rules to implement the GENIUS Act even as broader legislation remains stalled.
President Donald Trump on Tuesday publicly accused major banks of attempting to undermine the administration’s crypto agenda, escalating a growing dispute between Wall Street and digital-asset firms that has stalled a key market-structure…
