US Federal Reserve Announces Withdrawal of Guidance for Banks Concerning Crypto Activities
2025-07-04 03:35:11
Description
The Federal Reserve is taking a major step back from monitoring banks’ crypto activities. In a new press release , the regulator says it is withdrawing four previous statements and letters regarding the Fed’s expectations of banking crypto activities. “The Federal Reserve Board on Thursday announced the withdrawal of guidance for banks related to their crypto-asset and dollar token activities and related changes to its expectations for these activities. These actions ensure the Board’s expectati...
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