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Fed Removes Banking Barrier for Crypto, Fulfilling Trump’s Campaign Promise

Fed Removes Banking Barrier for Crypto, Fulfilling Trump’s Campaign Promise

Published:
2025-04-26 16:23:01
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The Federal Reserve has eliminated a key regulatory hurdle for banks entering the cryptocurrency space, marking a significant policy reversal. As of April 24, financial institutions no longer need to provide advance notice before engaging in crypto or stablecoin-related activities—though standard supervisory frameworks remain in place.

This move delivers on President Trump’s pledge to foster a more crypto-friendly regulatory environment in the United States. The Fed becomes the third major banking regulator to withdraw restrictive guidance, effectively greenlighting bank participation in compliant blockchain ventures.

|Square

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