TechFlow News: On March 3, according to Crypto Briefing, JPMorgan Chase CEO Jamie Dimon recently stated on CNBC that while he supports the development of blockchain technology, stablecoin rewards must adhere to the same regulatory standards as traditional banking products. He argued that any company holding customer funds and paying interest is effectively engaging in banking activities and should therefore be subject to corresponding regulation. As a compromise, Dimon suggested offering rewards based on transaction volume rather than account balances. Meanwhile, the Senate Agriculture Committee has passed portions of the Market Structure Bill, which aims to clarify the jurisdictional boundaries between the SEC and the CFTC and mandates customer fund segregation and proof of reserves.
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