JPMorgan’s Jamie Dimon: I’d shut crypto down

If it were up to JPMorgan CEO Jamie Dimon, the crypto industry would be “closed down,” he told US senators Wednesday during the Financial Services Committee’s annual banking oversight hearing. 

CEOs from the world’s top banks, including Morgan Stanley, Goldman Sachs, Bank of America and BNY Mellon, among others, joined Dimon Wednesday to answer lawmakers’ questions about how effectively the banking industry is serving Americans. 

Sen. Elizabeth Warren, D-Mass., a vocal critic of the banking industry, found a rare moment of agreement with Dimon when she shifted the topic of conversation from Basel III — the international agreement spurred by the 2008 financial crisis — to…

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