Us Will Regulate Crypto, Jpmorgan’s Dimon Says

The U.S. will begin regulating cryptocurrencies as unease about stablecoins and crypto in general grows in Washington, JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon predicted Monday (Oct. 11). “Blockchain can be real, stablecoins can be real,” Dimon said, speaking to the Institute of International Finance annual membership meeting, per a Bloomberg News report. “No matter what anyone in the room thinks, nor what any libertarian thinks, nor what anyone thinks about it, the government’s going to regulate it.”