Top banking regulator compares crypto to tools that sparked the Financial crisis while lobbyists
approach
decry
overly conservative
Hsu's critical remarks came just days after the Financial Times reported on a letter sent by top crypto lobbyists to the Basel Committee ... A top banking regulator said on Tuesday that crypto and decentralized Finance LOOK similar to the Financial instruments that sparked the 2008 Financial crisis just days after crypto lobbyists complained about punitive regulation ... Hsu's critical remarks came just days after the Financial Times reported on a letter sent by top crypto lobbyists to the Basel Committee, which sets Global standards for BANK regulation.