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BTCC / BTCC Square / Global Cryptocurrency /
Fed Lifts Crypto Restrictions for Banks in Landmark Shift

Fed Lifts Crypto Restrictions for Banks in Landmark Shift

Author:
Global Cryptocurrency
Published:
2025-04-25 21:59:01
10
3

The Federal Reserve Board has withdrawn its guidance on crypto asset and stablecoin activities for banks, marking a significant policy shift. This move aligns supervision with evolving risks while fostering innovation in the banking sector.

Previously, state member banks were required to notify the Fed in advance of any crypto-related activities under a 2022 supervisory letter. The new rules eliminate this requirement, streamlining engagement with digital assets.

The Board also revoked its 2023 non-objection process for stablecoin activities, removing regulatory hurdles for banks exploring dollar-pegged cryptocurrencies. These changes signal growing institutional acceptance of blockchain-based finance.

|Square

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