🚨 BREAKING: The Fed has reversed a key anti crypto stance 🇺🇸

The Federal Reserve has officially pulled its 2023 guidance that effectively prevented uninsured banks from joining the Fed and taking part in crypto related activities

Why this is important

✅ That guidance was used to block Custodia Bank from getting a Fed master account

✅ It restricted how state chartered banks under Fed supervision could interact with digital assets

✅ It was stricter than the rules enforced by other banking regulators

That rule is now removed

The Fed says it will introduce a new framework focused on supporting responsible innovation while maintaining bank safety and stability

This does not mean crypto banks are instantly approved but it removes a major regulatory barrier that was previously used to keep them out $PEPE $XRP