🔥Does the Federal Reserve not care about "financial innovation" anymore? Let’s clarify!
Recently, someone said, "The Federal Reserve has canceled the innovation regulatory plan," what does that mean? Does it mean that cryptocurrency and blockchain can be played with freely in the future? — **Hold on, it’s not that simple!**
1. What did the Federal Reserve manage before?
The Federal Reserve previously had some "sandbox programs" and "innovation guidelines," which meant:
✅ Allow banks/tech companies to try new businesses (like digital currency, AI risk control).
✅ But set boundaries, worried about going too far (refer to the FTX crash, Silicon Valley Bank collapse).
2. Is it canceled now?
👉 Currently, there’s no solid evidence! The Federal Reserve's official website hasn’t released a formal notice.
👉 It may just be a shift in regulatory focus (for example, not managing small innovations but focusing on major risks).
👉 Or maybe there are new rules, and it’s no longer called the "innovation plan."
3. What impact does it have on ordinary people?
Crypto traders/Web3 players: Don’t celebrate too early! The Federal Reserve isn’t the only one watching; there’s also the SEC (Securities and Exchange Commission) keeping an eye on things.
Banks and startups: There might be fewer restrictions in the short term, but if something goes wrong, you’ll still face penalties.
Ordinary people: Financial innovation ≠ safety! High-yield products may carry greater risks; don’t blindly follow trends.
In summary
"Not managing" ≠ "letting loose"; the Federal Reserve is still watching, just changing their approach!
Wait for official news, don’t get misled by self-media!
💡 Follow me for timely interpretations of real policies!
#FederalReserve #FinancialRegulation #Web3 #Cryptocurrency