The Federal Reserve halts the 'new activity regulatory program'; how do I see it?
I saw a significant piece of news last night: the Federal Reserve announced the termination of specific regulatory programs for banks' crypto/fintech businesses, with related requirements now included in daily, standardized regulatory processes. In simple terms—after two years of 'special scrutiny mode' for banks involved in crypto-related business, it is now returning to normal regulatory oversight.
As a long-term observer of policies, my first reaction is: it’s not about easing regulations, but about 'institutionalization and normalization.' This actually increases certainty for banks and compliant players.
What exactly has changed in this matter?
