He stated that Coinbase CEO Brian Armstrong is spending hundreds of millions of dollars in Washington lobbying for the digital assets bill. Dimon noted that Clarity allows crypto companies to pay interest on stablecoins similar to deposits. However, they do not have the necessary protections. Additionally, the bill does not fully address anti-money laundering (AML) requirements and the Bank Secrecy Act (BSA). Banks fear that such incentives will lead to a withdrawal of deposits from the traditional financial sector. Therefore, JPMorgan and other banks will oppose the current version of the bill. According to Polymarket, there is a 54% chance of Clarity being passed in 2026.