Federal Reserve Eases Crypto Oversight for Banks in Policy Shift

The Federal Reserve has quietly dismantled its specialized crypto monitoring program for banks, marking a significant regulatory pivot. This decision follows President Trump's recent executive orders aimed at preventing unfair debanking practices in the cryptocurrency sector.

Jerome Powell's Fed had drawn industry criticism for maintaining restrictive monetary policies, but today's move suggests growing institutional comfort with digital assets. The central bank claims improved understanding of crypto activities justifies returning to standard supervision protocols.

The policy shift aligns with Washington's broader reevaluation of crypto enforcement. Market observers anticipate bullish implications, though the precise impact on Bitcoin and altcoins remains uncertain. This regulatory thaw could accelerate institutional adoption across exchanges like Coinbase and Binance.