Fed Pulls Back Guidelines for Banks on Crypto and Stablecoins
Banks no longer need to provide advance Fed notification for crypto activities, which will now be monitored through regular supervision.

The US Fed on Thursday withdrew its previous guidelines for banks regarding crypto assets and stablecoin activities, signaling a shift toward more flexible supervision as digital assets gain momentum in financial markets.
On Thursday, the Fed announced it would rescind several supervisory letters and statements issued in 2022 and 2023. Previously, banks had to notify regulators in advance about planned crypto-related ventures and await a formal supervisory nod for stablecoin-related transactions.
“These actions ensure the board’s expectations remain aligned with evolving risks and further support innovation in the banking system,” the Federal Reserve stated.
Fed Moves Toward Lighter Regulation for Crypto Initiatives
By pulling back these guidelines, the Fed appears to be responding to rapid developments in the crypto market and feedback from financial institutions that viewed the former regulatory framework as restrictive. Banks have increasingly requested clarity and flexibility to keep pace with fast-evolving digital asset technologies.
The change means banks no longer need to provide advance notification about their crypto initiatives. Instead, the Federal Reserve plans to incorporate supervision of these activities into regular monitoring processes. This approach mirrors broader moves by other US regulators toward a lighter regulatory touch, potentially fostering increased engagement in crypto assets by traditional banks.
Banking Agencies Pull 2023 Crypto Guidance, Eye New Framework
Additionally, the Fed is jointly withdrawing two key 2023 statements alongside the Federal Deposit Insurance Corporation and the Office of the Comptroller of the Currency. These statements previously outlined specific regulatory expectations for banks involved in crypto-asset exposures.
The Fed said that it will continue collaborating with other regulatory agencies to evaluate whether new guidelines might better facilitate innovation, especially in the rapidly expanding domain of crypto-asset services.
In March, the OCC too eased its stance on crypto , allowing national banks and federal savings associations to offer crypto custody services, engage in stablecoin-related activities, and take part in distributed ledger networks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Circle IPO Is a Big Opportunity to Enter Crypto: Expert’s Advice
XRP is the Solution to Rising US Debt: Black Swan Capitalist
For context, the United States has $36.2 trillion in its national debt, and this amount is growing by about $1 trillion every three months.
Gaming Tokens Capture Market Attention: Top 4 Gaming Projects Lead Social Buzz with Shares

Analyst Debates Over $21 and $152 XRP ATH Target Possibilities This Bull Cycle, How Far Will Ripple Go?

Trending news
MoreCrypto prices
More








