The Fed has withdrawn its 2022 and 2023 letters that made it harder for banks to touch crypto.
No more need for pre-approval. Crypto activities now fall under standard supervision.
Joint warnings about crypto fraud have also been retracted.
It’s the clearest sign yet that U.S. banking regulators are softening.
Stablecoins may now get real access to traditional banking rails.
A major shift under the Trump administration’s pro-crypto push.