Federal Reserve Eases Cryptocurrency Regulation? Politicians Blast: Don't Be Fooled!

Federal Reserve Chairman Powell recently announced that the regulatory restrictions on cryptocurrency banks will be relaxed, removing the mandatory reporting requirements before engaging in crypto business, simplifying the approval process for stablecoin issuance, and loosening the exposure limits for banks to crypto assets.

Legislators, represented by Senator Lummis, publicly criticized this move as 'wordplay,' stating that it 'lacks substantive reform.' #币安Alpha上新

Although the president just expressed support for Powell and debunked rumors of his dismissal, the Federal Reserve has been accused of not actively responding to Trump's calls for the opening of cryptocurrency banking. The regulatory framework remains unchanged: the core legal provisions have not been amended, and the current policy adjustments are merely 'technical tweaks.'

Despite the positive policy news, hostility toward cryptocurrency at the legislative level has not dissipated, and banks' actual operations still face legal uncertainties that require ongoing observation of subsequent supporting measures.

The Federal Reserve's regulatory easing seems to take a step forward, but political resistance still exists. The safety aspects of cryptocurrency banking may still require some time.

币安王牌KOL聊天室，点击进群 (More information is available in the group chat, let's discuss and communicate together)

The cryptocurrency space is essentially a contest between retail investors and major players. If you don't have real skills or if your professional abilities are not strong enough, you can easily be eliminated!

If you want to break even or double your profits, and stop suffering from market fluctuations, you need to be strategic. To achieve continuous profitability without being exploited, you must work alongside professional analysts and traders!