Federal Reserve Withdraws Crypto Guidance, Opens Banking Integration – Coincu
The post Federal Reserve Withdraws Crypto Guidance, Opens Banking Integration – Coincu appeared on BitcoinEthereumNews.com.
Key Points: Federal Reserve withdraws crypto guidance, impacting U.S. banking policy. Regulatory shift allows seamless crypto-banking integration. Encourages banks to adopt digital currencies like Bitcoin. The Federal Reserve announced on April 24, 2025, the withdrawal of regulatory guidance on banks’ cryptocurrency activities in the United States. This is expected to advance crypto-bank integrations. This change marks a regulatory pivot, aiming to integrate digital assets smoothly into the banking sector and ultimately benefit broader financial accessibility. Federal Reserve’s Crypto Policy Overhaul and Industry Impact The Federal Reserve has revoked its previous guidance on crypto-assets and dollar tokens. This policy shift aligns with actions from the OCC and FDIC, streamlining their approach to cryptocurrency as part of mainstream finance. Banks are now empowered to manage crypto operations within “normal supervisory processes” without prior notification or approval. This fosters faster adoption and integration of services like Bitcoin accounts in banking. Industry reactions are positive, with many welcoming this move as a significant development that could enhance cryptocurrency’s role in traditional finance. Experts foresee a boost in innovation and potential economic growth. Historical Overview: 18-Month Transition to Crypto Acceptance Did you know? The withdrawal of crypto guidance by federal agencies represents an 18-month shift from 2023’s stringent oversight, marking a substantial move towards embracing digital assets. Bitcoin (BTC) is trading at $93,940.18, with a market cap of formatNumber(1865353328360, 2). Its 24-hour trading volume is formatNumber(17006107709, 2), reflecting a -29.45% change. Over 90 days, Bitcoin saw a price shift of -7.11%, according to CoinMarketCap, 27 April 2025. Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 15:18 UTC on April 27, 2025. Source: CoinMarketCap Coincu analysts suggest further regulatory guidance may enhance compliance and increase funding options for tech innovations. This aligns with the Fed’s vision of integrating Bitcoin seamlessly with fiat systems, potentially impacting the global…
Filed under: News - @ April 27, 2025 3:24 pm