Major pressure! U.S. Congressman calls out JPMorgan CEO: Wall Street must embrace the compliance reality of Bitcoin In a recent interview on Fox News, U.S. Congressman French Hill openly confronted Wall Street's old money, declaring that the wave of compliance in the crypto market is now unstoppable. Responding to JPMorgan CEO Jamie Dimon's ongoing criticism, he stated that traditional financial giants will ultimately have to accept the new regulatory framework. He pointed out that top banks, including JPMorgan and Citibank, are already secretly preparing their own tokenization systems. Once legislation on stablecoins and market rules is finalized, these banks will undoubtedly engage in fierce competition in this new arena. Looking ahead to the industry's future landscape, he emphasized that the U.S. urgently needs this legislation to improve market structure and stabilize the bigger picture. In his view, this isn't just about internal interest distribution but a full-scale global competition. This legislative consensus will completely remove barriers between traditional finance and the crypto space, ensuring that the U.S. continues to lead the world in blockchain innovation and digital finance.