Coinbase CEO Brian Armstrong has pushed back against recent criticism from JPMorgan Chase CEO Jamie Dimon, describing his remarks as "kind of sad" while defending a major cryptocurrency regulation bill that has become a flashpoint between the banking and digital asset industries.
Speaking during an interview with journalist Dasha Burns, Armstrong said he was surprised by Dimon's attacks and argued that the proposed legislation would benefit both crypto companies and traditional banks. Dimon had publicly criticized Armstrong and accused him of aggressively lobbying for the bill.
