【Analysis: The Federal Reserve cancels the special regulatory program for cryptocurrency businesses, US media claims the US is easing regulations on the cryptocurrency industry】 According to Jinse Finance, the Federal Reserve announced that it has halted its "Novel Activities Supervision Program" established in 2023, part of which was to strengthen the regulation of cryptocurrency business in the banking sector. Analysts believe that this move continues the recent trend of US regulatory agencies easing regulations on the cryptocurrency industry. US media pointed out that in April this year, the Federal Reserve withdrew guidance requiring banks to obtain approval from regulatory agencies before engaging in new cryptocurrency businesses. Two other federal banking regulatory agencies in the US—the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation—also took similar measures, allowing banks to decide whether to engage in cryptocurrency business under existing risk management requirements.