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JPMorgan CEO warns stablecoin risks could trigger crypto market crash amid U.S. Clarity Act debate

Market News
31 May 2026
Forbes
View Source
Bearish
pluang ai news

JPMorgan CEO Jamie Dimon has warned that stablecoins could 'blow up,' potentially crashing the bitcoin price and broader crypto market. His caution comes amid debate over the U.S. Clarity Act, which would regulate crypto oversight and allow stablecoin accounts to pay interest without traditional protections. Banks oppose this, fearing risks to financial stability, and Dimon predicts strong resistance from banking groups. The bill's passage, targeted for July 4, now faces uncertainty, impacting crypto market confidence and bitcoin prices, which have dropped 40% since last October.

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Nokia executive Victoria Hanrahan buys 44,682 shares at average $15.81 in late May 2026

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Victoria Hanrahan, a senior executive at Nokia, acquired a total of 44,682 Nokia shares on May 26 and May 28, 2026. The shares were purchased on the New York Stock Exchange at average prices of $16.02 and $15.60 respectively, with a combined average ...

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Nokia senior manager Victoria Hanrahan acquires 44,682 shares at an average price of $15.81.

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