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Mining Updates
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The Fed has canceled recommendations for banks regarding stablecoins and crypto firmsThe Federal Reserve System (Fed) announced on April 24, 2025, the cancellation of recommendations that limited banks' operations with crypto assets and stablecoins. This was reported in an official statement from the Fed and is actively discussed in posts on platform X as of April 25. Since 2022, banks have been required to obtain prior approval for digital asset transactions, which created barriers for cooperation with crypto companies.

The Fed has canceled recommendations for banks regarding stablecoins and crypto firms

The Federal Reserve System (Fed) announced on April 24, 2025, the cancellation of recommendations that limited banks' operations with crypto assets and stablecoins. This was reported in an official statement from the Fed and is actively discussed in posts on platform X as of April 25. Since 2022, banks have been required to obtain prior approval for digital asset transactions, which created barriers for cooperation with crypto companies.
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