JPMorgan Chase CEO Jamie Dimon and US senator Elizabeth Warren have sparred over financial regulation for more than a decade. But in a rare occurrence during a Senate Banking Committee hearing yesterday (Dec. 6), they adopted the same stance. Both want to see the US government get a lot tougher on crypto.
“The only true use case for it is criminals, drug traffickers, money laundering, [and] tax avoidance,” Dimon said. “If I was the government, I’d close it down.”
