The Federal Reserve has decided to retract its guidance that discouraged banks from participating in cryptocurrency and stablecoin activities. According to the announcement, any activities related to crypto will now be overseen through the Federal Reserve’s standard supervisory procedures.
Federal Reserve Retracts Unfriendly Crypto Guidance
Categories: Short News
Leave a Comment
Related Post
- Former Blockchain Exec Joins SEC Leadership
The US Securities and Exchange Commission (SEC)…Read More
- Russian Police Bust Truck-Based Crypto Mine
Russian authorities in Buryatia found an illegal…Read More
- ETF Issuers Urge SEC to Reinstate ‘First-to-File’ Rule Amid Crypto Approval Delays
VanEck, 21Shares, and Canary Capital urged the…Read More