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Banking, crypto groups duel over best tokenization rule-making process

By Neil Roland ( March 25, 2026, 21:40 GMT | Insight) -- Banking and cryptocurrency groups with stakes in tokenization clashed before a US congressional committee on the best rule-making process for addressing potential regulatory gaps and ambiguities. Executives with SIFMA, a major group for banks, broker-dealers and asset managers, and Blockchain Association, the crypto group, did agree on the importance of adopting rules for tokenization — the conversion of securities into crypto assets by creating a record on digital ledger blockchain.Banking and cryptocurrency groups with stakes in tokenization clashed before a congressional committee on the best rule-making process for addressing potential regulatory gaps and ambiguities....

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