U.S. Fed Rolls Back Crypto Restrictions for Banks
The Federal Reserve has officially rescinded its 2022–2023 crypto guidance, removing the mandate for banks to seek pre-approval before engaging in crypto or stablecoin-related activities.
This shift brings the Fed in line with the FDIC and OCC, and signals a broader move under the Trump administration to promote financial innovation and a more open approach to digital assets.
Banks now have more flexibility to explore crypto without burdensome red tape. 🚀