POWERFUL SIGNAL!!!
The US Federal Reserve has lifted restrictions on banks regarding cryptocurrency operations — innovations are back!
⚡ The Board of Governors of the Federal Reserve System has officially revoked the supervisory letters from 2022 and 2023 that limited banks' participation in transactions with crypto assets and dollar tokens.
Now there is no need to notify the regulator in advance — oversight will be carried out within the framework of regular supervision.
What does this mean?
— Green light for banks to work with crypto
— More flexibility, less bureaucracy
— Support for innovations in the financial system
Such a move could provoke a wave of institutional interest in BTC, ETH, XRP, and stablecoins.
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