Summary

JPMorgan Chase ( JPM ) CEO Jamie Dimon had some choice words for Coinbase ( COIN ) CEO Brian Armstrong after months of their firms clashing over a major crypto bill. A rule on offering interest on dollar-pegged stablecoins, tucked into the Clarity Act, has been a thorn in the banking industry's side. During a wide-ranging interview on "Fox Business Network's Mornings with Maria," Dimon accused Armstrong and Coinbase of using that rule as a form of regulatory arbitrage to compete against full-charter US banks.

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