In a surprising move reflecting a significant shift in the United States' stance towards digital currencies, American banking regulators announced on Thursday the withdrawal of a set of documents and guidelines that required banks to exercise caution when dealing with digital assets and related activities.
The Federal Reserve withdraws its supervisory letters
The American Federal Reserve confirmed that it has withdrawn two supervisory letters that required banks to obtain prior approval from regulators before engaging in activities related to digital currencies or stablecoins.
The Federal Reserve was joined in this step by:
Federal Deposit Insurance Corporation (FDIC)
Office of the Currency Controller (OCC)
#شاركنا_رأيك Will this step lead to a crazy rise in major currencies in the coming days?