$XRP 🚀 FED "CAR EXCHANGE" ELECTRONIC MONEY – AMERICAN BANKS HAVE MORE FREEDOM WITH CRYPTO!
After OCC and FDIC, the Federal Reserve (Fed) has officially revoked previous strict directives regarding cryptocurrencies, allowing banks to engage in crypto-related activities without prior permission.
⭐ The Fed stated that this move aims to:
🟢 "Align with evolving risks"
🟢 "Support innovation in the banking system"
🟢 With the removal of 4 warning guidelines from 2022–2023, the American banking industry will now be governed by compliance officers and internal oversight processes regarding crypto.
➡️ In the context of the lack of a clear legal framework from Congress, this is a "unlocking" step full of potential for the wave of digital asset applications in the U.S.