Cynthia Lummis Slams JPMorgan's Anti-Crypto Stance: Undermining Trust

Financal Services
Author

author: CryptoNews

date: November 24, 2025

1 min. read

U.S. Senator Cynthia Lummis, a vocal advocate for cryptocurrency, has publicly criticized JPMorgan Chase's anti-cryptocurrency policies. As reported by Watcher Guru, Lummis believes these policies are counterproductive, actively undermining trust in traditional banking institutions. Lummis argues that JPMorgan's restrictive approach is inadvertently pushing the burgeoning cryptocurrency industry offshore, potentially hindering innovation and economic growth within the United States. This criticism follows JPMorgan's earlier warnings about significant fund outflows from Strategy shares and their subsequent sale of $134 million worth of those shares, signaling a cautious or even skeptical view of certain cryptocurrency-related investments. Lummis's stance highlights the growing tension between traditional finance and the decentralized digital asset landscape. ```