SR 25-4 Ends Prior Fed Control Over Bank Crypto Moves
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The Fed is turning a page in crypto regulation. By canceling two major directives imposed on banks since 2022 and 2023, the American institution is reshuffling the cards of crypto supervision. Its new line, embodied by letter SR 25-4, abandons the prior reporting requirement in favor of autonomous risk management. This is a discreet but strategic repositioning in a context where regulatory pressure is intensifying and where the fault lines between financial innovation and institutional control are becoming increasingly visible.