Fed Drops ‘Reputational Risk’ Rule: a Big Win for Crypto Banking Access
Thu 26 Jun 2025 ▪
4
min read ▪ by
The Federal Reserve just made a big change that could make it easier for crypto companies to get bank accounts.
On Monday, the Fed said it would no longer use “reputational risk” as part of its official bank supervision process. That vague label was often used to warn banks away from doing business with crypto firms, and many in the industry say it led to years of unfair “debanking.”
Instead of focusing on reputation, the Fed will now look at clear financial risks like liquidity, credit, and legal exposure. That brings it in line with other regulators…
