Tag: Wall Street Trade Groups

source: cnbc.com

Wall Street Trade Groups Urge Regulators to Rethink Basel Crypto Standards Amid Market Concerns

Wall Street trade groups representing major financial institutions have formally called on global regulators to reconsider the Basel Committee's proposed revised capital standards for crypto-assets. The groups argue that the current Basel framework, which sets international banking regulations related to risk and capital requirements, could impose excessive and misaligned capital ...

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