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The US Federal Reserve withdraws guidance requiring banks to seek regulatory approval before engaging in crypto-related activities, joining the FDIC and OCC

Michael Saylor crypto.news : Federal Reserve withdraws restrictive crypto guidance for banks Troy Watson / ZyCrypto : Federal Reserve Reverses Debanking Policies, Banks May No Longer Need Approval to Engage in Crypto Projects Oluwapelumi Adejumo / CryptoSlate : Federal Reserve relaxes crypto partnership rules for banks Ronak Kumar / The Crypto Times : US Federal Reserve Removes Restrictions on Bank Crypto Use FDIC : Agencies Withdraw Joint Statements on Crypto-Assets Zameer Attar / Coinpedia Fintech News : Federal Reserve Eases Crypto Rules for U.S. Banks Vivian Nguyen / Crypto Briefing : Fed rescinds crypto guidance for banks in bid to streamline oversight and support innovation Danny Park / The Block : Federal Reserve retracts guidance discouraging banks from engaging in crypto Nellius Irene / Cryptopolitan : Federal Reserve eases crypto oversight for banks, rescinds key provisions PYMNTS.com : Banking Regulators Withdraw Statements That Discouraged Bank Involvement With Crypto Sander Lutz / Decrypt : Federal Reserve Withdraws Crypto Rules for Banks, Ending ‘Choke Point’ Practices Jesse Hamilton / CoinDesk : Fed Joins OCC, FDIC in Withdrawing Crypto Warnings for U.S. Banks Brady Dale / Axios : The Fed withdraws its guidance on bank crypto-related activities Godfrey Benjamin / CoinGape : Breaking: Federal Reserve Withdraws Guidance Restricting Banks from Crypto Activities Brayden Lindrea / Cointelegraph : Federal Reserve withdraws crypto-unfriendly banking guidance Yueqi Yang / The Information : Fed Withdraws Crypto Guidance in Industry-Friendly Pivot Bluesky: Tuffy / @smtuffy : The circle is now complete.  Following similar moves by thr FDIC & OCC, the Fed removes the need for banks to get preaporval to do certain crypto related business. www.federalreserve.gov/newsevents/ p... Dom White / @domw : Missed this yesterday.  It's all fine, everything is fine here.  —  www.federalreserve.gov/newsevents/ p... LinkedIn: Adrian Rymill : More positive news from U.S. regulators on Digital Assets, issued late yesterday!  —  The Federal Reserve Board's decision appears … Asa Siegel : Still think it's crypto vs. banks?  That script has now been officially flipped.  Forever.  —  Let me break down what just happened: … Lee Brenner : The Fed has now joined with the FDIC and OCC in rescinding key aspects of its previous guidance on digital assets activities within banks. … Gene A. Grant II : The Federal Reserve has joined the FDIC and OCC in withdrawing their guidance for crypto-asset related activities.  The new administration is making a real difference in banking. …

Reuters Pete Schroeder

Discussion

  • @smtuffy Tuffy on bluesky
    The circle is now complete.  Following similar moves by thr FDIC & OCC, the Fed removes the need for banks to get preaporval to do certain crypto related business. www.federalreserve.gov/newsevents/ p...
  • @domw Dom White on bluesky
    Missed this yesterday.  It's all fine, everything is fine here.  —  www.federalreserve.gov/newsevents/ p...