JPMorgan Calls for Clear and Strict Crypto Rules, Warns About Stablecoin “Shadow Banking” Risk

Executives Umar Farooq and Peter Muriungi say they support the bill's goals but spent most of their blog post warning that stablecoin yield products and DeFi exemptions could create new financial-stability risks. The post JPMorgan Calls for Clear and Strict Crypto Rules, Warns About Stablecoin “Shadow Banking” Risk appeared first on Unchained.