🚨 Crypto Breaking Update

Big news from the U.S. – The Federal Reserve has officially decided to shut down its “Novel Activities Supervision Program”, which was created in 2023 to monitor banks dealing with crypto and fintech activities.

From now on, all crypto-related oversight will be shifted into the Fed’s standard banking supervision system.

👉 This move could mean less extra scrutiny for banks working with crypto, potentially opening doors for smoother crypto adoption in traditional finance.

Source: Reuters