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ScottMelker
Apr 25, 2025
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The Federal Reserve has rescinded its requirement for banks to provide advance notice of crypto-related activities, aligning with recent policy shifts by the FDIC and OCC. This move marks a formal end to the restrictive post-FTX guidance issued in 2023, signaling a broader reversal of Biden-era crypto skepticism. While the Fed will now treat digital asset engagement like other banking activities, it has not yet changed its stance on granting master accounts to crypto-native banks like Custodia and Kraken. Source: Decrypt