$BTC
🚨 BREAKING 🚨 THE FED JUST ROLLED BACK A MAJOR ANTI-CRYPTO POLICY 🇺🇸 ⚡️📢
The Federal Reserve has withdrawn its 2023 guidance that effectively blocked uninsured banks from becoming Fed members and engaging in crypto-related activity 📢
Why this matters:
✅ That 2023 guidance was used to deny Custodia Bank a Fed master account
✅ It limited what state-chartered, Fed-supervised banks could do with digital assets
✅ It went further than rules applied by other banking regulators
Now it’s gone ⚡️
The Fed says it’s replacing it with a new framework aimed at allowing “responsible innovation” while keeping banks safe and sound 📢⚡️
This doesn’t automatically greenlight crypto banks, but it removes a key regulatory roadblock that was used to shut them out 📢
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