🇺🇸 BREAKING: Federal Reserve Pulls Back Crypto and Stablecoin Guidelines for Banks

The Federal Reserve Board has officially withdrawn its 2022 and 2023 directives that required banks to notify or seek approval before engaging in crypto or stablecoin-related activities.

This shift signals the Fed’s effort to keep pace with a rapidly evolving financial landscape, aligning regulations with current market trends. It also points to a more innovation-friendly approach, potentially paving the way for greater institutional involvement in the crypto space.