Fed Drops Crypto Oversight – Banks Now Free to “Debank” Digital Assets

The Federal Reserve just handed banks a blank check in the crypto wars—special oversight is out, and the 'debanking' debate just got hotter.

No more kid gloves for crypto. The Fed's move strips away what little protection digital assets had from arbitrary banking blacklists. Suddenly, your favorite exchange's USD rails look shakier than a shitcoin's whitepaper.

Wall Street wins (again). Traditional finance gets to cherry-pick which crypto firms survive while regulators shrug—classic 'innovate until you threaten our margins' playbook. Next stop? More Coinbase subpoenas and Kraken 'settlements.'

Bullish irony: Nothing accelerates decentralized finance adoption like banks behaving badly. Grab your self-custody wallets—the real crypto revolution starts when legacy finance opts out.

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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.