The present invention relates to storage stable film forming latex particles substantially free of adipic acid dihydrazide (ADH) that crosslink under ambient conditions during or after drying. Monomers for the formation of the crosslinkable moieties in the latex particles include diacetone acrylamide (DAAM) or the likes and methacrylamide (MAM) or the likes with or without styrene. A paint composition comprising the storage stable latex particles was described.