ChainCatcher news, according to Bloomberg, major global financial lobbying groups are calling on regulators to suspend the upcoming new rules for bank cryptocurrency operations and to reassess measures they consider to be overly stringent.

In a joint letter to the Basel Committee on Banking Supervision, these industry associations stated that policymakers should "seek up-to-date information" to understand the use cases of distributed ledger technology that underpins digital assets and consider an "appropriate redesign and recalibration" of relevant standards before their formal adoption in 2026.