The industry got virtually everything it had spent years lobbying for: an end to regulation-by-enforcement; the first major federal crypto bill—the stablecoin-focused GENIUS Act—signed into law; a Strategic Bitcoin Reserve, committing the U.S. government to hold the asset; and openly pro-crypto leadership installed at both the SEC and the CFTC. In one of the clearest signs of the wind change, JPMorgan CEO Jamie Dimon, who for years dismissed bitcoin as a “fraud,” “stupid” and “worthless”, changed his tune likening owning it to “the right to smoke.” What’s more, Dimon’s $4.5 trillion global bank might even soon offer crypto trading to its institutional clients.

Source: Forbes January 03, 2026 05:01 UTC