🏛️ Fed changes its crypto stance
The Federal Reserve scrapped its 2023 crypto guidance, removing a major roadblock for banks 🚧❌
🏦 What changed?
Both insured & uninsured state member banks can now engage in crypto 🪙
Allowed activities include custody, settlement, and payments
Banks must still meet risk management & safety standards 🛡️
🔓 Why this is big
Ends a policy many called “Operation Chokepoint 2.0”
Opens the door for regulated crypto banking services 🚪
Signals support for responsible innovation, not suppression 💡
📈 Market implications
Encourages institutional adoption 🏦
Supports growth in tokenization, ETFs, and on-chain finance ⛓️
Bullish backdrop for $BTC , $ETH , and $BNB 🚀
BNBUSDT
Perp
831.69
-1.40%
ETH
2,861.05
+1.02%
BTC
86,246.64
-0.25%