coin-img-ETHETH-1.36%coin-img-BTCBTC+0.36%coin-img-SOLSOL-0.64%coin-img-XRPXRP-0.73%coin-img-XAUTXAUT-3.39%coin-img-TAATAA-56.82%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-2.78%coin-img-ETHETH-1.36%coin-img-BTCBTC+0.36%coin-img-SOLSOL-0.64%coin-img-XRPXRP-0.73%coin-img-XAUTXAUT-3.39%coin-img-TAATAA-56.82%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-2.78%coin-img-ETHETH-1.36%coin-img-BTCBTC+0.36%coin-img-SOLSOL-0.64%coin-img-XRPXRP-0.73%coin-img-XAUTXAUT-3.39%coin-img-TAATAA-56.82%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-2.78%coin-img-ETHETH-1.36%coin-img-BTCBTC+0.36%coin-img-SOLSOL-0.64%coin-img-XRPXRP-0.73%coin-img-XAUTXAUT-3.39%coin-img-TAATAA-56.82%coin-img-USDCUSDC+0.00%coin-img-DOGEDOGE-2.78%

White House Official Patrick Witt Disputes Jamie Dimon's View on Stablecoins Under GENIUS Act

White House official Patrick Witt said stablecoins should not be treated as deposits, challenging Jamie Dimon's position. Witt noted the GENIUS Act already bans lending activities that would trigger banklike regulation, indicating existing rules address those practices.
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