#FederalReserve (The Fed) recently revoked its long-standing guidance that restricted bank activity related to Crypto assets and dollar-backed tokens (such as #stablecoin ).

This decision could open up more opportunities for US banks to engage in:

1. Stablecoin Issuance

– Banks may have more freedom to develop or support stablecoins pegged to the US dollar, increasing liquidity and trust in the Crypto market.

2. Crypto Custody Services

– Banks could offer more formalized custody of digital assets, similar to traditional custodial services.