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Fed Drops Crypto Banking Handcuffs—Wall Street Suddenly ’Discovers’ Blockchain Again
Fed Drops Crypto Banking Handcuffs—Wall Street Suddenly ’Discovers’ Blockchain Again
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The Federal Reserve just shredded its restrictive crypto guidance for banks—clearing the way for institutional adoption (and the usual parade of overpriced custody solutions).
Mainstreet meets DeFi
: No more regulatory limbo. Banks can finally engage with digital assets without fearing examiner side-eye—though expect compliance departments to move at traditional finance speed (read: glacial).
The fine print
: This reversal doesn’t mean a free-for-all. Risk management frameworks still apply—because nothing says ’trustless system’ like a 200-page BSA/AML policy manual.
Closing thought: Watch legacy banks pivot from ’crypto is a scam’ to ’we’ve always believed in distributed ledger technology’ faster than a Bitcoin ETF approval tweet.
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