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BTCC / BTCC Square / Global Cryptocurrency /
Federal Reserve Ends Special Crypto Oversight Program, Returns to Standard Supervision

Federal Reserve Ends Special Crypto Oversight Program, Returns to Standard Supervision

Author:
Global Cryptocurrency
Published:
2025-08-15 23:22:02
9
2
BTCCSquare news:

The Federal Reserve has discontinued its Novel Activities Supervision Program after just two years, marking a significant shift in regulatory approach to banks engaged with cryptocurrency and blockchain technology. Launched in August 2023, the program provided targeted oversight for institutions offering crypto custody, stablecoin services, and blockchain-based banking solutions.

Banks operating in the crypto space will now navigate standard supervisory channels rather than specialized examinations. The Fed noted the program successfully enhanced its understanding of digital asset risks and bank risk management practices during its brief existence.

|Square

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