Federal Reserve Eases Crypto Restrictions for Banks
The U.S. Federal Reserve has rolled back restrictive guidance that previously hindered banks from engaging with cryptocurrencies and stablecoins. State member banks no longer need to provide advance notice before initiating crypto-related activities—such transactions will now be evaluated through standard supervisory channels.
This policy shift signals growing institutional acceptance of digital assets, reversing earlier cautionary measures citing volatility and compliance risks. Notably, the Fed rescinded its 2023 limitations on bank participation in stablecoin markets, aligning with broader regulatory coordination. The FDIC and OCC jointly withdrew additional constraints, suggesting a coordinated pivot toward clearer crypto frameworks.