Federal Reserve Eases Crypto Banking Restrictions in Policy Shift
The Federal Reserve has dismantled key regulatory barriers for banks engaging with digital assets, marking a notable pivot in U.S. financial policy. Effective immediately, member banks no longer need pre-approval for crypto-related activities—a move aligning with recent actions by the FDIC and OCC.
This coordinated deregulation reverses post-FTX collapse guidance that had stifled institutional crypto participation. Banking institutions may now treat digital asset ventures like traditional services, subject to standard oversight rather than special scrutiny.