U.S. Banks Gain Freedom to Operate in Crypto World

A major regulatory shift allows U.S. banks to operate in the cryptocurrency world without pre-approvals from the Federal Reserve. Previously, banks were required to notify the Fed about crypto activities involving Bitcoin, stablecoins and other digital assets. This change signals a significant step towards broader adoption of cryptocurrencies within the financial system. 🙌 By removing this requirement, banks can now focus on innovation and exploring opportunities in blockchain technology.