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Federal Reserve Ends Crypto Supervision Program for Banks
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Crypto OversightCryptocurrency
Updated a few seconds ago

Federal Reserve Ends Crypto Supervision Program for Banks

The Federal Reserve has announced the termination of its specialized oversight program for banks' cryptocurrency activities. Moving forward, these activities will be incorporated into the standard supervisory framework for banks, signaling a shift in regulatory approach towards digital assets.

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US Fed to end oversight program for banks’ crypto activities
NeutralCryptocurrency
The Federal Reserve announced it will end a program that monitored banks' activities related to digital assets, integrating these activities into its standard supervisory process.
Editor’s Note: This decision reflects a shift in how the Federal Reserve approaches oversight of banks involved in cryptocurrency, potentially impacting the regulatory landscape for digital assets.
BREAKING: Fed Announces Conclusion Of Crypto Supervision Program For Banks
NeutralCryptocurrency
The Federal Reserve has announced the end of its supervision program for banks interacting with crypto and fintech. This oversight will now be integrated into the standard bank supervision framework.
Editor’s Note: This change reflects a shift in regulatory approach, aiming to streamline oversight of banks involved in cryptocurrency and fintech. It aligns with broader goals to adapt financial regulations to evolving technologies.

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