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Major U.S. Bank Trade Group Says Industry Isn’t Anti-Crypto

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A key banking trade group wants you to know that Wall Street lenders aren’t against crypto.  

As the market for digital assets explodes, U.S. banks are looking for ways to offer services that will allow their customers to buy and sell coins, Rob Nichols, president of the American Bankers Association said in a blog post Tuesday. But many token platforms are doing business akin to traditional lenders, so they should be regulated as such, Nichols said.