Crypto Leaders Urge Trump to Block JPMorgan’s ’Predatory Data Tax’—Before It Strangles Innovation

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2025-07-24 09:00:00

Crypto Industry Asks President Trump to Stop JPMorgan’s 'Punitive Tax' on Data Access

Wall Street’s latest power grab? JPMorgan slaps crypto firms with fees just to access market data—and the industry’s fighting back.

The Data Toll Booth

Banks claim these fees cover ‘infrastructure costs.’ Crypto execs call it a shakedown—one that could price startups out of the market.

Trump Card in Play

With the White House weighing in, this could become the first real test of crypto’s political muscle. Spoiler: Jamie Dimon won’t like the ending.

The Irony

Same banks that called crypto ‘worthless’ now monetize its data like it’s the new oil. Classic finance—if you can’t beat ’em, tax ’em.

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