The Fed Lightens Its Control Over Banks Active in Crypto
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After several years of heightened caution, the US Federal Reserve changes course regarding the crypto activities of banks. The institution ends its specific monitoring program. It believes, indeed, that the risks linked to digital assets are now better understood and manageable within the traditional supervisory framework.
In brief
- The Fed ends its special monitoring program for banks active in crypto, established in 2023 to manage risks related to cryptos.
- Activities such as…