Wall Street trade groups bring new scrutiny to Basel crypto standards

Eight major financial industry associations wrote an email to global regulators asking them to pause the rollout of strict crypto banking rules. They claimed that the laws could lock traditional lenders out of a $2. 8 trillion digital asset market. The trade groups, including the Global Financial Markets Association, Institute of International Finance, Financial Services Forum, […] source: https://www.cryptopolitan.com/wall-street-trade-groups-basel-crypto-rules/