Arjun Sethi(@arjunsethi):The debate over whether crypto and stablecoin companies should be allowed to offer interest or yield on customer balances without complying with traditional banking rules.... “If you are going to be holding balances and paying interest, that's a bank. You should be regulated by a bank. ... So we have been firm, one thing over here, yes, but if you want to be a bank, become a bank.”

Arjun Sethi

@arjunsethi

Judeo-Christian Values. @tribecap @krakenfx. I like humor, memes, freedom, more importantly protecting / investing open source crypto/ ai / agents / software.

Joined December 2008

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Arjun Sethi@arjunsethi

2026.10.14 12:56

The debate over whether crypto and stablecoin companies should be allowed to offer interest or yield on customer balances without complying with traditional banking rules.... “If you are going to be holding balances and paying interest, that's a bank. You should be regulated by a bank. ... So we have been firm, one thing over here, yes, but if you want to be a bank, become a bank.” - Jamie Dimon, JP Morgan Chase CEO