Jamie Dimon Fires Back At Coinbase: 'If You Want To Be A Bank, Be A Bank' - Coinbase Global (NASDAQ:COIN)

Jamie Dimon says crypto firms paying interest on stablecoin balances should face the same rules as banks.“If you are going to be holding balances and paying interest, that’s a bank. You should be regulated like a bank,” the JPMorgan Chase & Co (NYSE:JPM) CEO told CNBC at JPMorgan’s Leveraged Finance Conference in Miami on Monday. “If they want to be a bank, so be it.”Dimon Vs. ArmstrongThe comments were a direct response to Coinbase Global Inc (NASDAQ:COIN) CEO Brian Armstrong, who has pushed for crypto pla ...