
BREAKING: Federal Reserve Rescinds Crypto Guidance, Opening the Door for U.S. Banks
A Major Policy Shift Toward Crypto Innovation In a major policy shift, the Federal Reserve has formally withdrawn previous guidance issued in 2022 and 2023 that had required U.S. banks to seek approval or provide prior notice before engaging in cryptocurrency and stablecoin-related activities. This move signals a regulatory softening in the U.S. approach to…