B
BTC $63,361 ↑ 0.1%
E
ETH $1,872 ↓ 0.5%
U
USDT $1.00 ↑ 0%
B
BNB $579.79 ↓ 1.9%
U
USDC $1.00 ↑ 0%
X
XRP $1.07 ↑ 0.3%
S
SOL $72.93 ↓ 0.5%
T
TRX $0.33 ↑ 0.5%
F
FIGR_HELOC $1.00 ↓ 3.1%
W
WBT $55.24 ↑ 0%
H
HYPE $52.77 ↓ 0.3%
D
DOGE $0.07 ↓ 0.5%
B
BTC $63,361 ↑ 0.1%
E
ETH $1,872 ↓ 0.5%
U
USDT $1.00 ↑ 0%
B
BNB $579.79 ↓ 1.9%
U
USDC $1.00 ↑ 0%
X
XRP $1.07 ↑ 0.3%
S
SOL $72.93 ↓ 0.5%
T
TRX $0.33 ↑ 0.5%
F
FIGR_HELOC $1.00 ↓ 3.1%
W
WBT $55.24 ↑ 0%
H
HYPE $52.77 ↓ 0.3%
D
DOGE $0.07 ↓ 0.5%

Fed Curbs ‘Reputational Risk’ Scrutiny on Banks, Aids Crypto Firms

June 24, 2025 Sama Tarek 1 min read Short News

The US Federal Reserve has directed supervisors to stop using “reputational risk” in bank oversight, a practice crypto firms argued unfairly led to denied banking services under “Operation Chokepoint 2.0.” While banks still need strong risk management, this change aims for more transparent and consistent supervision, a move applauded by Senator Cynthia Lummis and banking groups as a win for the crypto industry.

Sama Tarek

Sama Farghaly is a Compliance Research Associate who works with web3, fintech, and digital asset companies to help them understand and comply with the regulatory environment of both the UAE and global markets. She transforms complicated compliance requirements and licensing into straightforward, step-by-step actions that start-up and licensed entities can easily employ. Her goal is to make compliance easy, practical and achievable.

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