Forbes: Trump’s strategy to bypass Basel accords to advance tokenized securities in the US benefits major financial institutions

U.S. Regulators aim to simplify regulations for crypto assets, disregarding the strict Basel Accords standards for non-compliant institutions, facilitating the growth of tokenized securities.

Major firms including Goldman Sachs and the NYSE explore tokenized platforms, positioning themselves to potentially dominate the market as the legal status of tokenized securities aligns with traditional assets.