Federal Reserve Gives Green Light for US Banks to Enter Crypto Market!

Updated

April 25, 2025

Gambar Federal Reserve Gives Green Light for US Banks to Enter Crypto Market!

Jakarta, Pintu News – The US Federal Reserve Board recently announced significant changes in its regulatory guidance on digital currency and stablecoin activities by banks.

The move comes in response to the evolving dynamics of crypto regulation in the United States, marking a new era in crypto innovation and activity in the banking sector.

Check out the full news below!

Federal Reserve Policy Changes

The Federal Reserve Board has revoked the 2022 Supervisory Letter, which previously required banks to provide advance notice if they wished to engage in crypto activities. Now, the banking regulator will regulate banks’ cryptocurrency activities more comprehensively.

Additionally, the Board withdrew the 2023 guidelines relating to dollar token activities by state member banks. These changes will hopefully open up more opportunities for banks to innovate using digital currency technology.

This change is also synchronized with a revised position by the Office of the Comptroller of the Currency (OCC), which has also given the green light for banks to engage in crypto activities. The Federal Reserve Board stated that it will work with relevant agencies to determine whether additional guidance is needed. The ultimate goal is to encourage crypto-based innovation to an appropriate degree.

Also read: 3 Crypto Pump.Fun to Watch at the End of April 2025!

Crypto Regulatory Transformation

the fed's scrutiny of the crypto industry — Source: The Street

Since the inauguration of President Donald Trump, the Federal Reserve and other regulatory agencies have adjusted their approach to cryptocurrency. The Securities and Exchange Commission (SEC) has dismissed several crypto suits to fulfill the President’s campaign promise. One of the high-profile cases closed by the SEC was a lawsuit against Ripple .

After more than four years of legal battles, the regulator withdrew its appeal, a move that the payment company followed. Other major cryptocurrency exchanges, such as Coinbase Global, Uniswap, and Kraken, have also seen their cases dismissed. With the newly appointed Paul Atkins as Chairman of the commission, he has stated that Bitcoin will be his priority.

Also read: Michael Saylor Predicts BlackRock’s Bitcoin ETF Will Be the Biggest of the Decade!

Operation Chokepoint 2.0 Ends

Over the past year, discussions about Operation Chokepoint 2.0 have dominated the cryptocurrency ecosystem. Companies in the industry have complained about direct attempts to stifle crypto innovation.

Coinbase is filing an active FOIA lawsuit with the FDIC to expose the ways the agency is allegedly attempting to hinder the company. Both the President and Crypto Czar David Sacks have pledged to end industry chokepoints and design new rates for the US digital asset ecosystem. Recent moves by the Federal Reserve, the OCC, the SEC, and the FDIC confirm that the Operation Chokepoint agenda is now over.

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.

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