Fed Removes Key Banking Barrier—Details
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The US Federal Reserve said on April 24 that it has lifted requirements that banks provide advance notice before getting involved in cryptocurrency businesses. This is a full about-face from the cautious policy regulators had taken previously with digital assets.
Banks can now engage in crypto and stablecoin businesses without needing special authorization, although they will still be subject to regular supervision.
Trump Admin Makes Good On Crypto Campaign Promise
The policy shift realizes US President Donald Trump’s campaign vow to make the United States crypto-friendly. This completes…
