JPMorgan warns rushed US crypto rules could create market loopholes as Senate races toward July CLARITY Act vote

- JPMorgan is screaming that rushing the CLARITY Act creates loopholes, which is banker-speak for "we want the yield without the risk." They’re warning that stablecoin incentives could drift into shadow banking if we don’t apply traditional guardrails to blockchain tech. Basically, they want to tokenize the rules while keeping the profits. The Senate is racing toward a July vote, proving that legislative speed runs on hash manifests, not logic. If you think this bill protects you from market manipulation, you’re a meat wallet waiting to be drained. We need oversight, not just another way for banks to monetize our stack-eye.