❎ THE FEDERAL RESERVE OF THE UNITED STATES LIFTS RESTRICTIONS ON BANKS FOR CRYPTO ACTIVITIES.
"The Board is rescinding its 2022 supervisory letter that established the expectation that state member banks provide advance notice of planned or ongoing activities related to crypto assets," explained the Board of Governors of the Federal Reserve in a statement on April 24.
Any activity related to cryptocurrencies will now be monitored through the Federal Reserve's normal supervisory process. #FederalReserve #Fed #crypto $BNB
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